Atom bank has launched a new near prime mortgage range.

The new offering has been advised with the aim of meeting the needs of customers who aren’t currently served by mainstream banks and mortgage lenders, by offering support and guidance to those with financial indiscretions.

The launch of near prime mortgages allows borrowers with missed payments, CCJs or defaults to be considered for loan offers.

Atom’s near prime mortgage scheme is open to both new and existing customers.

Paul Elliott, head of mortgages at Atom, said: “In the majority of high-street banks, mortgage applications are rejected when customers have less than perfect credit. It can be incredibly difficult, especially in the current housing market for borrowers with anything slightly less than perfect credit to get on the property ladder.

“We’re delighted to be able to offer our competitive rates, help and advice to these customers and give more people in the UK the opportunity to become homeowners. It’s important to us that we extend the availability of credit within the UK lending market for those wishing to own property.

“We work with independent brokers who offer unbiased advice to customers, saving time and effort in the application process. Those applying for near prime mortgages will be allocated brokers experienced in these kinds of cases and if Atom can’t help you, we will find someone who can.”