Atom Bank has further reduced rates across its entire range of premium mortgages, in addition to introducing new rate options for 95% Loan-to-Value (LTV) products.
Rates for premium products available up to 90% LTV have been reduced by 0.15%, while existing no-fee 95% LTV options have fallen by 0.20%.
In addition to the cuts, Atom Bank has introduced a new range of products, available at up to 95% LTV, with a fee of £900.
Prime rates start from 4.99% for both two- and three-year fixed rate products up to 85% LTV, with a £900 fee.
Richard Harrison, head of mortgages at Atom Bank, said: “Three rate cuts in a month sends a clear message; Atom Bank has a strong appetite to lend, especially at the higher LTV bands.”
“These cuts, in addition to the introduction of a selection of products with a new rate level, ensure that brokers have even more competitive options available to their Prime customers.”
Pepper Money has also made further cuts to residential mortgages and affordable housing, including cuts to a number of two-year fixed rate products.
New home rates will start from 5.30% to 75% LTV and shared ownership rates will start from 5.65% to 75% LTV.
Additionally, Right to Buy rates will start from 6.00% to 75% LTV and Help to Buy rates will start from 5.90% to 75% LTV.
Paul Adams, sales director at Pepper Money, comments: “These latest rate cuts demonstrate our commitment to providing competitive mortgage solutions for both customers and brokers across a wide range of borrowing needs.”