At 95% LTV, two-year fixed rates will be reduced by up to 0.20% and five-year fixed rates by up to 0.15%.
At 90% LTV, two-year fixed rates will be reduced by up to 0.30% and five-year fixes by up to 0.25%. Additionally, the minimum loan amount will be reduced from £145,000 to £100,000.
The Bank is also enhancing its 85% LTV proposition, with new products for purchase and remortgage customers and rate reductions across its existing 85% LTV products.
Paul Elliott, head of mortgages at Atom, commented: “We’re delighted to be offering truly competitive rates on our LTV mortgage packages, to help home buyers ahead of the fast-approaching stamp duty cost increase.
“We are proud that we can help both first-time buyers and those wishing to move, ensuring that our valued customers are getting great rates, on what for many, will be their first mortgage.”
