AToM partners with Bluestone Mortgages

All Types of Mortgages has added Bluestone Mortgages to its lender panel.

Related topics:  Mortgages
Rozi Jones
8th March 2016
hired appoint business growth

Bluestone Mortgages launched in the UK in October 2015, offering a specialist product range with Legal & General Mortgage Club and Tenet Group ahead of a full market launch.

Its range is aimed at self employed, contractors and customers with an adverse credit history who don’t meet high street lending criteria.

Dale Jannels, Managing Director at AToM, said:

"As volumes continue to increase, we are noticing more and more brokers contacting us with cases that have been declined by the high street lender's credit score decisioning systems. It's therefore good to see new lenders come to market having thought about criteria gaps and providing solutions.

"Bluestone will ignore defaults and CCJs if the amount is under £250, regardless of number or when it occurred. They also ignore any default or CCJ over 36 months old and accept 4 or more defaults registered within the last 36 months with no maximum amounts to limit their decision. This is another great offering AToM can promote to our network and broker partners and we are really pleased to be at the start of the Bluestone Mortgages journey.”

Matt Andrews, Managing Director, Bluestone Mortgages, added:

"This is an exciting opportunity and we are delighted to work with AToM. Their culture and drive to support advisers is very much aligned to our own. The strength of our offering is in the criteria and I am certain that AToM with their deep experience in specialist lending will quickly identify the value we can bring to the market."

More like this
Latest from Property Reporter
Latest from Protection Reporter
CLOSE
Subscribe
to our newsletter

Join a community of over 30,000 intermediaries and keep up-to-date with industry news and upcoming events via our newsletter.