Atom Bank has launched a two-year 75% LTV rate as well as adding new rates across the existing range of digital mortgage products.

The new two year product for purchase and remortgage at 75% LTV has a rate of 1.29% with a fee of £900.

New rates are as follows:

●      Two year 60% LTV at 1.59% (no fee)

●      Two year 75% LTV at 1.29% (with £900 fee)

●      Two year 75% LTV at 1.69% (no fee)

●      Two year 80% LTV at 1.39% (with £900 fee)

●      Two year 80% LTV  at 1.84% (no fee)

●      Five year 75% LTV at 2.24% (no fee)

●      Five year 80% LTV at 2.14% (with £900 fee)

●      Five year 80% LTV at 2.39% (no fee)

The broader range of residential lending is now available for purchase, re-mortgage, first-time-buyers, self-employed, contractors, lending into retirement, shared ownership and new-build properties.

Maria Harris, director of retail mortgages, said: “We are delighted to be expanding our range of products and to be improving our rates so soon after launching the new proposition. We have had brilliant feedback from our first wave of customers who greatly appreciate that our processes are easy to understand, with any fees being fair and transparent. With the launch of the new proposition taking off so well we are keen to continue improving our rates and the range of products we offer.

“The partnership with our carefully selected intermediary partners is also going from strength to strength, with customers being given the very best service and advice when choosing a mortgage. Our ultimate aim is to help people get the right financial products for them, and to have the best experience along the way. Customers can find an intermediary who is able to discuss Atom Bank’s mortgages via our customer support team. In time, this too will be managed via the App.”