Atom bank cuts Prime mortgage rates by 0.15%

Atom bank has reduced rates across its Prime mortgage range by 0.15%, with the changes taking immediate effect across products up to 95% loan-to-value.

The reductions apply to both fee-charging and fee-free products, with rates now starting from 5.29% for a 2-year fixed rate up to 85% LTV with a £900 fee.

The latest changes follow a 0.10% reduction across Atom bank’s Near Prime range last week. The lender said the latest cuts demonstrate its commitment to offering competitive options for brokers and borrowers across both Prime and Near Prime lending.

Richard Harrison, head of mortgages at Atom bank, said: “Atom bank has built a reputation for providing our borrowers with great value for money, and that comes from reducing rates whenever circumstances allow. Just as with our recent Near Prime cuts, these latest reductions apply across the entire Prime range, ensuring that all prospective borrowers will benefit, no matter their deposit or equity size.