Atom bank has reduced rates across its Prime mortgage range by 15bps, with changes taking immediate effect.

The reductions apply across the lender’s entire Prime mortgage range, including products up to 95% LTV and both fee-paying and fee-free options.

Following the changes, rates now start from 5.29% for a two-year fixed-rate mortgage up to 85% LTV with a £900 fee.

The move follows a reduction of 10bps across Atom bank’s Near Prime range last week and means the lender has now lowered pricing across both its Prime and Near Prime propositions.

Richard Harrison (pictured), head of mortgages at Atom bank, said: “Atom bank has built a reputation for providing our borrowers with great value for money, and that comes from reducing rates whenever circumstances allow.

“Just as with our recent Near Prime cuts, these latest reductions apply across the entire Prime range, ensuring that all prospective borrowers will benefit, no matter their deposit or equity size.

“The combination of competitive rates with market-leading speeds and a transparent process is helping us set the bar for what the next generation of lenders can achieve, which was reflected in the fact we were named Best Digital-First Lender in the Smart Money People Mortgage Lender Benchmark H1 2026.”

The latest repricing reflects continued competition within the mortgage market, with lenders making further rate adjustments as funding costs and swap rates have eased in recent weeks.

Atom bank said the reductions are available immediately across its Prime mortgage range.