Commenting, Dale Jannels, sales & marketing director at AToM said, "We are delighted to be selected as a distribution partner for Chorley Building Society. Many high quality customers simply do not fit the high street ‘tick box’ mentality and require a manual approach to underwriting with lenders who do not credit score. Add to this a great product offering and Chorley look set to be a big name in this market. AToM has access to the full range of Chorley’s great intermediary products and we look forward to working closely with them.”
Chorley products, via AToM, include a residential mortgage option at 4.49% variable, up to 85% LTV, to £1m. The product carries a £995 arrangement fee, allows a term of up to 40 years.
Stephen Penlington, chief executive of Chorley Building Society, commented: “Chorley has an appetite to increase its mortgage lending in 2011 and support the intermediary sector. Like all mutual lenders we want to maintain our high quality of lending and service so a partnership with AToM fitted.”