"We are delighted to be expanding our range of products and to be improving our rates so soon after launching the new proposition."
Atom Bank has extended its digital mortgage range with the launch of a two-year 75% LTV rate as well as reductions across its existing range of products.
The new two year product for purchase and remortgage at 75% LTV has a rate of 1.29% with a fee of £900.
Reduced two-year rates now start from 1.59% at 60% LTV. New 80% LTV rates start from 1.39% with a £900 fee or 1.84% fee-free.
Fee-free five-year fixed rates are available from 2.24% at 75% LTV and 2.39% at 80% LTV.
The new additions join the existing line-up of Atom Bank’s Digital Mortgage products, launched in December 2016. The broader range of residential lending is now available for purchase, re-mortgage, first-time-buyers, self-employed, contractors, lending into retirement, shared ownership and new-build properties.
Director of Retail Mortgages, Maria Harris, said: “We are delighted to be expanding our range of products and to be improving our rates so soon after launching the new proposition. We have had brilliant feedback from our first wave of customers who greatly appreciate that our processes are easy to understand, with any fees being fair and transparent. With the launch of the new proposition taking off so well we are keen to continue improving our rates and the range of products we offer.
“The partnership with our carefully selected intermediary partners is also going from strength to strength, with customers being given the very best service and advice when choosing a mortgage. Our ultimate aim is to help people get the right financial products for them, and to have the best experience along the way. Customers can find an intermediary who is able to discuss Atom Bank’s mortgages via our customer support team. In time, this too will be managed via the App.”