Atom Bank is now offering 90 per cent LTV mortgage products.

Available as five-year fixes, the new range includes a first-time buyer option set at 3.81 per cent with free valuation and £500 cashback.

Two purchase products, meanwhile, have a rate of 3.76 per cent with a £900 fee for loans below £350,000 and a £1,200 fee for loans above this amount.

Atom director of intermediary lending David Castling says: “We continuously evaluate the mortgage market and believe it is in our customers’ best interests to apply a considered approach to the products we offer.

“We now feel it’s the right time to get back in the market with 90 per cent LTV to support FTBs and homeowners.”

“The world is a different place in light of Covid-19 and we need to make sure we can give customers choice whilst also lending responsibly. Given the ever-evolving landscape, we have taken the decision to reintroduce these products.”