Mortgage packager AToM has launched a partnership with Bluestone Mortgages.
Mortgage packager AToM has launched a partnership with Bluestone Mortgages.
Bluestone’s products include no credit scoring, allowances for CCJ, Bankruptcy and IVAs, specialist products for self-employed, contractors and complex incomes.
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 CCJ's 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 four or more defaults registered within the last 36 months with no maximum amounts to limit their decision.”
Matt Andrews, managing director of Bluestone Mortgages, added: "This is an exciting opportunity and we are delighted to work with AToM.
“Their culture and drive to support advisors 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."
