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Atom reduces rates on all Prime and Near Prime products

by | Nov 17, 2023

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  • Prime rates reduced by up to 0.15%
  • Near Prime rates reduced by up to 0.10%
  • The bank also reveals success in helping FTBs onto the ladder over the last 12 months

Atom bank has cut rates across its mortgage products by up to 0.15%, with reductions for both Prime and Near Prime customers.

The UK’s first app-based bank has reduced rates across the full Prime product range by up to 0.15%. The 2-year fix at 95% LTV has seen the largest reduction, priced at 6.14% and carries no product fee and offers a free valuation. All Near Prime rates have reduced by 0.10% as the bank continues to help those with less-than-perfect credit.

With the launch of these new lower rates, Atom has also revealed that in the last 12 months over half (56%) of all completions were for First Time Buyers, reflecting the bank’s focus on helping those customers with smaller deposits who want to buy their first home.


Richard Harrison, Head of Mortgages at Atom bank commented: “Mortgage rates continue to fall at Atom. This is good news for customers, particularly those who are looking to take their first step onto the property ladder as we continue to support them with great value on our higher LTV products. 

“We understand that First Time Buyers have arguably been impacted the most by the increase in house prices, higher interest rates and the cost-of-living crisis. That’s why we’re proud of the fact that the majority of our lending over the past 12 months has been to this group. Our latest rate reductions, with cuts to higher LTV products, highlight our continued focus on delivering speed, ease and value to the customers who need it most.”

For more information on Atom’s residential mortgages, visit


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