Atom Bank has reduced rates for almost major mortgage ranges.
Products available on 60% to 85% LTV have been reduced by 0.10% in both purchase and removal cases. For those who want to rent on 90% LTV, fees have been reduced by 0.15%.
This reduction applies to all Atom Bank's 2, 3, and 5-year fixed interest rates near Prime Mortgage products.
As a result, a 5-year fixed interest rate starts at 5.14%, a 3-year fixed interest rate starts at 5.34%, and a 2-year fixed interest rate is available at 5.49%.
Richard Harrison, Atom Bank's mortgage director, commented: “We have been seeing market prices falling over the last few weeks and we are responding to this by reducing rates to continue to offer a large value product.”