Mortgage product transfers with Atom

Find out everything you need to know about mortgage product transfers and our range of products below.

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What's a mortgage product transfer?

Remortgaging doesn’t have to mean switching lenders. If you want to stay with the same lender but change the deal you’re on, you can. At Atom, we call this a product transfer. This could give you a different rate, term or loan amount.

Why might a mortgage product transfer be right for you?

Consider this scenario. You’re already an Atom mortgage customer but your initial mortgage deal has ended and you’d like to take out a new deal with us, instead of dropping onto our Standard Variable Rate (SVR). In this situation we might be able to transfer you to a different mortgage product to suit your needs.

Young woman checking Atom bank's mortgage product transfers

What product transfer mortgages does Atom offer?

These are our current deals but they are subject to change.

Representative example:

2 Year Remortgage — 75% LTV with no product fee, 5.74% rate

A capital and interest repayment mortgage of £147,979.69, payable over 23 years and 3 months, initially on a fixed rate of 5.74% for 2 years, and then on our current standard variable rate of 7.14% for the remaining 21 years and 3 months, would require 24 monthly payments of £961.89 and 255 monthly payments of £1,076.50.

The total amount payable would be £297,592.86, made up of the loan amount plus interest of £149,127.84 a product fee of £0 and a valuation fee of £0.

The overall cost for comparison is 7.0% APRC Representative.*

*The above representative example is for illustration purposes only and is not an offer. The figures are representative of the typical costs and repayments for this type of mortgage and customer type. As a result your actual costs and repayments will vary depending on your personal circumstances/mortgage.


How to apply for a mortgage product transfer

If you’d prefer to get advice about a product transfer with us, simply talk to the broker you worked with last time, or, find a new broker using our find a broker tool below.

You can also complete a direct product switch with us (subject to eligibility) if you’re happy to proceed without taking broker advice. We’ll get in touch when this option is available to you.