Atom Bank has withdrawn select two and five-year products at higher loan to values (LTV) in its prime range.
The 12 products were taken down at the end of the day yesterday.
They include two-year 85 per cent LTV purchase and remortgage products, as well as two-year products at 90 per cent LTV.
The lender has also removed five-year 90 per cent LTV purchase and remortgage products.
Full mortgage applications had to be submitted before 5pm Monday 8 August.
Atom Bank said that other prime products and near prime products would remain unchanged and reiterated that it was only accepting prime applications with a minimum LTV of 80 per cent.
An Atom Bank spokesperson said that the withdrawals were partially due to larger lenders pulling their product and repricing, along with strong buyer interest.
They added that it planned to reintroduce some withdrawn products over the next week or so but the priority was customer service.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
