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Atom Bank brings back two-year fix and cuts rates

  • 06/02/2018
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Atom Bank brings back two-year fix and cuts rates
Digital lender Atom Bank has launched a competitive two-year fixed-rate mortgage, as well as cutting rates on its three-year and five-year deals.


The app-based provider is to offer a two-year fix at 1.49% without any fees, and a 1.39% with a £900 fee, at 60% LTV.

Charlotte Nelson from said: “At first glance these new two-year fixed rate deals are competitively priced and sit comfortably towards the top of the market.”

Rates on its three-year fixes, which were launched last month, are also being trimmed, as well as five-year rates.

For borrowers with a deposit of 10%, the deals include a five-year fix at 2.39% and 90%, and a three-year fix at 2.14%, both without product fees.

Maria Harris, director of intermediary lending at Atom Bank (pictured), said: “We’ve had some great feedback from brokers about the three and five-year products we launched but we’ve also had a lot of requests to bring back our two-year rates.

“Customers are looking for choice, not just on rate but also on service and proposition, so being able to offer competitive pricing alongside a digitally led service is exactly what we’re all about.”

The digital lender recently broke through the £1bn lending mark.

And at the end of last year, Atom revealed it had successfully made a mortgage offer from application in just 21 seconds.

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