Atom bank makes further cuts to Prime and Near Prime mortgage rates
04 September 2025
- Atom bank has reduced rates across its residential mortgage range by up to 0.10%.
- Latest rate cut is hot on the heels of reductions of up to 0.15% in August
Atom bank, the UK’s highest rated bank Trustpilot, has cut rates across Prime and selected Near Prime mortgages by 0.10%.
It’s the second round of cuts within a short period, after Atom dropped rates by up to 0.15% in August, and demonstrates the bank’s commitment to providing borrowers with the best possible value.
The rate reductions take effect immediately, and mean that Prime rates now start at 4.84%, while Near Prime rates begin from 5.04%.
Near Prime - Purchase and Remortgage
- Two, three and five-year £1,500 fee products will be reduced by 0.10%
- Two year £900 fee and fee-free rates will be reduced by 0.10%
Prime - Purchase, Remortgage, Further Advance and Retention
- All two, three and five-year rates will be reduced by 0.10%.
Providing brokers and borrowers with choice
Atom bank has reduced rates repeatedly this year, across its entire residential mortgage range. These cuts have been made whenever possible, and showcase the bank’s determination to deliver brokers and borrowers with the best possible value products.
As well as lowering rates, Atom bank has also improved the breadth of its product range to make it easier for customers to access finance. The bank recently introduced a new tier of Near Prime products available with a £1,500 product fee. These products have proven incredibly popular already, accounting for a significant amount of Near Prime activity since launch, highlighting how product innovation ensures the needs of a wider group of borrowers can be met. Atom bank also increased the maximum LTV available on Near Prime products to 90%, opening them up to a wider range of borrowers with less than perfect credit.
Richard Harrison, Head of Mortgages at Atom bank, said:
“I’m delighted that we have been able to introduce another round of cuts. Our frequent rate reductions this year demonstrate how committed we are to providing brokers and their clients with outstanding value. Crucially, this focus extends to borrowers with imperfect credit scores, with selected Near Prime products also being reduced.
“Just as important as headline rates is the breadth of options open to borrowers, which is why we have introduced a greater selection of mortgages at different product fees. The combination of price, choice and market-leading speed is why so many brokers are turning to Atom bank.”
