Atom bank has reduced rates across its prime mortgage range for the second time within a matter of weeks.
Rates have been reduced by 0.15% across the prime mortgage range. The cuts follow an earlier 0.15% reduction in the middle of June.
As a result of the reductions, rates start at 5.14% for two- and three-year fixed rates at up to 85% LTV, with a £900 product fee. For five-year fixes, rates start at 5.19%.
The latest prime rate reductions follow Atom bank’s introduction this week of near prime products at 95% LTV, alongside a rate cut of 0.10% on its existing range of near prime mortgages.
Richard Harrison, head of mortgages at Atom bank, explained: “Reducing our prime rates twice within just a couple of weeks is a great example of our determination to provide great value to brokers and borrowers.
“Enhancing our prime range in this way, just days after launching our 95% LTV near prime proposition, highlights our ability to support a wide range of borrowers.
“We will continue to combine that innovative spirit with great rates and the market-leading speeds for which we have become known.”
