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Atom reaches £2bn mortgage lending milestone

Theo Osborn | 13:15 Monday 3rd December 2018

Atom bank has announced that it has reached £2bn in residential mortgage lending.

The specialist bank has hit this milestone less than two years after launching its first mobile mortgage product.

It has since expanded its offering to a wider range of customers and claimed that its fastest mortgage went from application to offer in just 14 seconds.

This comes after Atom recently announced it was entering the BTL market, with the addition of remortgage products for portfolio landlords.

Maria Harris, director of intermediary lending at Atom bank (pictured above), said: “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.

“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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