Atom Bank is expanding its range of mortgages, launching new first-time buyer products and extending its existing range by adding 95% LTV mortgages across all of its existing mortgage products.

It is offering £500 cashback to those wanting to buy their first home, along with a free valuation and no product fee. The new first-time buyer range will be available for mortgages between 80%-95% LTV.

The range consists of two, three and five-year fixed rate mortgages with rates starting from 2.24%.

Atom Bank is adding 95% LTV products to their existing range, for purchases and remortgages with fixed terms of two, three and five years with no product fees.

Maria Harris, director of intermediary lending, said: “It’s great news that we’re expandingour mortgage range, offering our mortgages to a wider range of customers. These deals will be attractive to first-time buyers who want to get onto the property ladder – it’s hardenough to find the money for your first home and we know that taking away fees and giving cash-back helps.

“We want to make the journey of buying a first home easier by offering real, tangible support to our customers, in conjunction with our network of independent, dedicated mortgage specialists who offer the best advice and guidance. We want to be a bank that’s known for looking out for customers.”