AToM launches stepped light deal with Rooftop

AToM said the product is ideal for first-time buyers as there is no MIG charged and no minimum trading period for those customers who wish to take advantage of the self-certification option available.

Product details include:

Headline rate of 5.32% (tracks current LIBOR)

Discount of 2.5 per cent in year one; 1.5 per cent in year two; 1per cent in year three.

Onsite offer production

High LTV for remortgage and self cert (90% max)

All defaults ignored

Satisfied CCJ’s and arrears that have occurred over 12 months ago are ignored

No proof of mortgage payments (up to 70% LTV)

Let-to-buy available

Enhanced income multiples available (up to 5+1 or 3.5 x joint)

Capital raising for any purpose

First-time buyer and employed self-certification available.

The product is available exclusively to PMPA and MDC members only.