AToM signs £25m packaging deal with Preferred Mortgages

This adds to the numerous agreements that Preferred have completed since formally entering the packager channel.

Simon Biddle, Marketing Development Manager at Preferred Mortgages, said: "Preferred have made great strides with packagers through its flexible underwriting approach and by providing intermediaries with added value such as exclusive products and onsite underwriting. We have worked with AToM

for a number of years and we are very pleased that we have been able to agree terms on this deal. Yet again this underlines the success of the marketing strategy of Preferred Mortgages working with the packager sector."

Vic Jannels, Managing Director of AToM comments: "We are delighted to have completed this agreement with Preferred. They are a great addition to our Branded Lending panel and have a number of niche areas which add strength to our overall proposition. We are currently working with Preferred on the

first exclusive product launch under the new agreement and it will be a market leading scheme."