Atom bank has lowered rates across its entire range of Prime mortgage products.
Rates are being reduced by up to 0.15% across Atom bank’s range of Prime mortgage products, and follows a cut of up to 0.45% at the end of last month.
The new range includes the following:
- Two-year fixed rate at 5.54% with a £900 fee at 90% LTV (was 5.69%)
- Three-year fixed rate at 5.59% with no application fee at 95% LTV (was 5.74%)
- Five-year fixed rate at 5.04% with a £900 fee at 90% LTV (was 5.19%)
- Five-year fixed rate at 5.24% with no application fee at 95% LTV (was 5.34%)
Atom bank has also cut rates on its Retention products by up to 0.15%. Highlights of the range include a two-year fixed rate at 5.64% and a five-year fixed rate at 4.99%, both available up to 75% LTV and with no application fee.
Richard Harrison, head of mortgages at Atom bank, said: “Following recent swap rate movements, we are delighted to be able to further reduce our rates across our Prime and Retention products, delivering even greater value to brokers and their customers.
“This will be particularly welcome for those with smaller deposits, given the challenges such borrowers face in accessing the market. Atom bank has established itself as a champion of this segment of the market, and we will continue to focus on supporting such customers on their mortgage journey.”