Atom bank reduces rates on Prime mortgage range

04 March 2025

Atom bank, the UK’s highest rated bank on Trustpilot, has reduced rates across its Prime mortgage range.

The cuts aim to deliver even better value to residential borrowers, and come hot on the heels of a substantial rate reduction on Atom bank’s Near Prime range.

Competitive pricing

Two-year fixed rate Prime products have been cut by up to 0.15%, while rates on three- and five-year fixed rates have been trimmed by 0.10%.

As a result, rates start at 5.19% for two-year deals, at 5.14% for three-year products and at 5.04% for five-year fixed rate products.

The changes take effect immediately.

Delivering for both Prime and Near Prime borrowers

Atom bank has continually adapted its range to ensure brokers and borrowers benefit from competitively priced products.

This is the second rate reduction for the Prime range so far in 2025, while last month rates across the Near Prime range dropped by up to 0.20%.

Richard Harrison, Head of Mortgages at Atom bank, commented:

“Atom bank is passionate about delivering simple, competitively priced mortgages for residential borrowers, even if they have had temporary credit issues in the past. This rate reduction, coming so soon after we cut our Near Prime rates, is a great demonstration of our commitment to supporting buyers of all kinds, including those with modest deposits.

“It’s clear that our methods are striking a chord with both borrowers and brokers. Not only are we the UK’s highest rated bank on Trustpilot, but we have also topped the bank category in the last three editions of the Mortgage Lender Benchmark from Smart Money People. The combination of market-leading speed to offer times and competitive pricing is making a tangible difference to brokers and their clients.”