Atom bank has cut rates on prime and near prime products by up to 0.20%.

The rates on the lender’s prime range of two, three and five year fixed rates, available up to 90% loan-to-value (LTV), have been cut by 0.20%.

All prime mortgages available up to 95% LTV have been reduced by 0.10%.

In addition, Atom bank has made cuts to its near prime product range.

Two and three-year fixed rates at 60% and 75% LTV have been reduced by 0.20%.

The bank’s five-year fixed rates, available at those same LTV bands, have been cut by 0.15%.

Atom bank head of mortgages Richard Harrison says: “We are delighted to announce our second batch of rate cuts this month. Our continued focus on price demonstrates how determined Atom bank is to go further in providing tangible support to those who need it most, but who are not being adequately served by many high street mortgage lenders.”