Atom Bank

Set up back in 2014, Atom Bank is a modern bank built with customers in mind. With an ethos of keeping things simple, safe and secure, Atom Bank strives to be the bank you’d want it to be. They are app based, meaning you can track your mortgage at every stage of the application process.

Atom Bank

How much can I borrow with an Atom Bank mortgage?

The amount you’re eligible to borrow with Atom Bank is really down to you and your circumstances. When assessing how much you can borrow, Atom Bank will look at things like your income, the size of your deposit, the condition of the home you want to buy, your credit history and your income and expenditure records. All these things will influence how much money you can borrow for your new property. To get a rough idea, you can use an online mortgage calculator. This will give you a guide and will help you set a budget for your new home.

What size deposit do I need with Atom Bank?

Atom Bank offer loan-to-value (LTV) ratios of up to 95%. This means you’d only need to have a deposit worth 5% of the value of the property you want to buy. That said, it’s always worth noting that the larger the deposit you put down, the lower the rate you’re likely to be offered. This would mean lower monthly repayments.

Can I make overpayments with an Atom Bank mortgage?

Yes, you can make overpayments on your mortgage by up to 20% each year without any charge. To do this, you’ll need to get in touch with Atom Bank over the phone. They’ll then discuss with you whether you’d like to use your overpayment to reduce your monthly repayment or the total term of your mortgage.

Our lenders and partners

You know, we don’t work with just anyone. We only work with trusted UK lenders and credit card providers that will help you find your best borrowing option.