Atom launches broker-focused mortgage offering

Atom launches broker-focused mortgage offering




Mobile banking finance platform Atom Bank has launched a digital residential mortgage offering available via selected independent mortgage advisers.

From today, Atom will be offering a range of residential mortgage products for the self-employed, contractors, lending into retirement, purchase, remortgage, shared ownership, first-time-buyers and new-build properties.

Atom intends to offer buy-to-let mortgages in the near future.

Customers can access Atom’s mortgages via an intermediary, who can be sourced using the platform’s customer support team.

Atom plans to incorporate this function into the app in due course.

Atom provides instantaneous updates to the intermediary and the customer and claims to be the only mortgage lender to provide this service instantly and directly to an app.

Last year, Atom announced that it had been granted its banking licence by the Bank of England and has recently announced its full launch to UK customers.

Mark Mullen, CEO at Atom, said: “Buying a home can be hugely exciting, but banks are playing with people’s dreams when they make the process so difficult.

“We want to change this – it should be a positive experience.

“Old legacy processes that are institutionalised at the traditional banks simply don’t exist at Atom because we’ve built this bank from scratch.

“We can offer mortgages that are great value, and a service that is fast, informative and transparent. This is genuinely a revolution in mortgage lending.”

Atom has announced that in the coming months it intends to offer current accounts, debit cards, overdrafts and instant access savings, which will all be managed through the app.

Leave a comment