Atom has reduced select two, three and five-year fixed rates up to 95 per cent loan to value (LTV) by up to 0.2 per cent.
For instance, its two-year fixed rate at 95 per cent LTV has fallen to 6.59 per cent and its three-year fixed rate stands at 6.44 per cent.
The lender’s five-year fixed rate at 95 per cent LTV has decreased to 5.89 per cent.
Atom said that all purchase and remortgage options are available with free valuation.
The firm said that it hoped the reductions would make getting on the property ladder “more accessible for first-time buyers and those with smaller deposits”.
Richard Harrison, head of mortgages at Atom, said: “It’s tough right now for any aspiring homeowner, so we’re pleased to be announcing rate reductions across a selection of our mortgage products.
He added: “With a focus on higher LTV products, we hope to take some of the pressure off those who have struggled as a result of the current economic environment.
“Recent criteria changes and a continued emphasis on using automation to get offers back to brokers and customers in a matter of days means we are able to provide not only exceptional value, but a service that is faster and easier to use. We think this is a compelling proposition in the current market.”
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.
