Reductions apply to Atom Bank’s two-, three- and five-year fixed rates available up to 95% loan to value (LTV).
Following the cuts, both two- and three-year fixed rates now start at 4.99%, while rates for borrowers with a 5% deposit begin at just 5.24%.
The latest reduction is the third time Atom Bank has cut rates so far in 2025. The lender has also made amendments to its criteria by upping its near prime maximum LTV to 90% and simplifying its stressed interest rate calculation for commercial deals.
Richard Harrison (pictured), head of mortgages at Atom Bank, said: “These rate reductions mean brokers and their prime clients benefit from a wider range of competitive deals to choose from. Atom Bank is determined to support more borrowers on their home-owning journey, including those with small deposits or an imperfect credit score, who have been under-served by mainstream lenders in the past.”
