With rates starting from 5.25 per cent, rental calculations are based on the actual payment amount (i.e. capital and interest only). On all buy-to-let cases LMC require confirmation of rental income from a recognised professional letting agent.
Dale Jannels, sales and marketing director at AToM, said: ‘”This is another great opportunity for AToM and we are proud to have access to the products offered through LMC. There are a number of selling points to LMC, but perhaps the most notable one is that they accept local letting agent’s verification of rental income, as opposed to a surveyor. We have been trying to get onto the LMC panel for a while now and are extremely pleased that we have finally been appointed."
Mark Wilson, sales director at LMC, said: “AToM has built an impressive team of mortgage experts who have considerable knowledge of specialist mortgages. We are looking forward to working with AToM who share LMC’s philosophy of providing competitive specialist mortgage products backed up by a first class service.”
