Atom bank has reduced rates across its Prime mortgage range, as it aims to deliver better value to residential borrowers.
2-year fixed rate Prime products have been cut by up to 0.15%, while rates on 3- and 5-year fixed rates have been trimmed by 0.10%.
As a result, rates start at 5.19% for 2-year deals, at 5.14% for 3-year products and at 5.04% for 5-year fixed rate products.
The changes take effect immediately.
Richard Harrison, head of mortgages at Atom bank, said: “Atom bank is passionate about delivering simple, competitively priced mortgages for residential borrowers, even if they have had temporary credit issues in the past.
“This rate reduction, coming so soon after we cut our Near Prime rates, is a great demonstration of our commitment to supporting buyers of all kinds, including those with modest deposits.
“It’s clear that our methods are striking a chord with both borrowers and brokers.
“Not only are we the UK’s highest rated bank on Trustpilot, but we have also topped the bank category in the last three editions of the Mortgage Lender Benchmark from Smart Money People.
“The combination of market-leading speed to offer times and competitive pricing is making a tangible difference to brokers and their clients.”
