Atom bank has lowered rates across its Prime mortgage range.

Two-year fixed rate Prime products have been cut by up to 15 basis points (bps), while rates on three- and five-year fixed rates have been trimmed by 10bps.

As a result, rates start at 5.19% for two-year deals, at 5.14% for three-year products and at 5.04% for five-year fixed rate products.

This is the second rate reduction for the Prime range so far in 2025, while last month rates across the Near Prime range were reduced by up to 20bps.

Richard Harrison (pictured), head of mortgages at Atom bank, said: “Atom bank is passionate about delivering simple, competitively priced mortgages for residential borrowers, even if they have had temporary credit issues in the past.

“This rate reduction, coming so soon after we cut our Near Prime rates, is a great demonstration of our commitment to supporting buyers of all kinds, including those with modest deposits.”