As trusted brokers and packagers for Digital Mortgages by Atom bank, we continue to follow the progress of this fintech organisation with interest. Since launch, Atom bank PLC has acquired c. £900M of deposits and has lent or committed to lend a similar level of mortgages both residential and commercial.
Within the commercial sphere they continue to offer some market leading rates and terms for commercial finance through a limited number of brokers. At Mortgage & Finance Arena we are very proud to be one of those brokers who have direct access to Digital Mortgages by Atom bank. We can as a result offer you some great rates and terms as follows;
- Standalone commercial mortgages and loans-no need to move core Banking arrangements.
- Interest rates starting from around 2% per annum.
- Rates linked to Bank of England Base Rate (not Libor).
- No early repayment fees on loans.
- Amortisation term up to 25 years as needed.
- All sectors considered, including residential and commercial investment property.
- Interest only options for property investment.
To access Atom Bank, please contact the team here at Mortgage & Finance Arena. We will of course make sure that Atom Bank are the best and most appropriate course of action for your needs, and we will prepare a detailed business proposal on your behalf to ensure that your application attracts the best rates and terms.