Atom hits £2bn lending milestone

Ryan.Fowler

December 3, 2018

Atom bank has reached £2bn in residential mortgage lending less than two years after launching its first mobile mortgage product.

The digital bank first launched mortgage products in December 2016 and has since expanded the range to support a wider range of customers.

Maria Harris (pictured), director of intermediary lending, said: “We are honoured to have helped so many people and we see the milestone as testament to our focus on being easy to deal with, our quick and simple processes and our attractive product offering.

“More than anything, this milestone confirms that there is genuine appetite today for a bank that’s going against the status quo and is passionate about giving customers a great mortgage experience.”

The news comes as Digital Mortgages by Atom bank claimed best new entrant at the Mortgage Introducer Awards and Best Fixed Rate Lender at the Personal Finance Awards on Wednesday 28 November.

Harris, added: “When we first launched back in 2016, we wanted to make the journey of buying a home, or remortgaging, easier by offering real, tangible support to our customers, in conjunction with our network of independent mortgage specialists.

“We have a determination to remain at the cutting edge of implementing technologies that create better customer experiences and outcomes, and the take up so far shows us that a growing number of people are willing to change the way they bank.

“We are very proud of our rapidly growing, ambitious and vibrant business and are excited about our plans for the future. This significant growth secures the bank’s place as a disruptive force in the mainstream of UK banking.

“We will continue to invest in growth, in our technology and in our products as we continue to push ahead and offer our customers the best service and products possible.”

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