Atom Financial

What’s the tale? A shopping bank dependent in 2013, it was the latest UK’s basic bank designed for mobile phone otherwise pill, and no branches, therefore the very first electronic-merely adversary lender to be provided an entire United kingdom regulatory licence. Based in Durham, the bank possibly doesn’t benefit from the same identification otherwise magnificence once the Starling and Monzo, but features did better in the directories off ideal-performing startups.

Can it provide mortgages? Yes, it will be the simply of the large four electronic opponent financial institutions online payday loans Oklahoma so you can give mortgages. It has earliest-date client financing, remortgaging, the fresh purchase mortgage loans and you may near prime mortgages for these that have ‘less-than-perfect’ fico scores. It aims to build mortgages easy, which have quick decisions and a simple processes. In addition to this, because it is all the over via an application, the financial institution claims users can track its mortgage software properly on most of the stage.

All mortgage loans on offer try fixed-rates that have very first episodes out of several in order to five years. When Hence? appeared in , the financial institution got just over 100 mortgages accessible to consumers. Read more