Atom bank has reduced rates by 0.25% across its fixed rate standard commercial mortgage range.
Effective immediately, the rates for commercial investment cases now start at 5.88%, and owner-occupied cases begin at 5.68% for loans at 45% loan-to-value (LTV) or less.
Additionally, there is an extra 0.25% reduction on deals between £1m and £4m.
Tom Renwick, head of business lending at Atom bank, said: “Atom bank will always act wherever possible to provide brokers and their clients with better value.
“This rate reduction applies to our property investment and trading commercial mortgage fixed rates, and means businesses can benefit from the security of a fixed rate, and at a lower cost.
“We know that supporting businesses is about more than just rate however, which is why we have spent so much time and effort streamlining our processes.”
Renwick added: “It means borrowers enjoy a faster, easier and smoother experience.
“That journey, coupled with the great value provided by our products, is helping Atom become a go-to lender in the commercial space.”
