The two-year product enables investors to service a portion of the loan, with the remaining interest retained and payable on redemption.
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Its introductory fixed rate has been reduced from 6.99% to 6.49% for a limited time only.
Interest-only customers are continuing to redeem on or ahead of schedule.
IMLA says the wide-ranging regulation that was put in place in response to the financial crisis has hindered first-time buyers.
Matt will be responsible for working closely with brokers across the region.
David Castling, head of intermediary distribution at Atom Bank, stresses how important speed is when it comes to the mortgage process and why feedback from brokers is crucial to help...
Rates have reduced by up to 35bps.
Simply Conveyancing is the first independent conveyancing law firm to join the OPDA as an associate member.
New rates include two-year fixes from 4.55% and five-year fixes from 5.06%.
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