Atom cuts prime residential rates by up to 0.20%

Atom Bank has reduced rates across its prime residential mortgage range.

Rates have been cut by up to 0.20% on two, three and five-year fixed rates, available up to 95% LTV.

As a result of the reductions, 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, following recent reductions to its near prime range, as well as increasing the maximum LTV available to 90%.

Richard Harrison, 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 homeowning journey, including those with small deposits or an imperfect credit score, who have been underserved by mainstream lenders in the past.

“However, pricing is only part of the story. We have won accolades from brokers because of our outstanding speed, delivering application-to-offer times that are the envy of our peers. We continue to focus on ways in which we can become even faster, and provide borrowers with the certainty and peace of mind that comes from a rapid response.”