Atom Bank: Passes £3bn mortgage completions and £1bn savings deposits
- Atom Bank, the UK’s first app-based bank, achieved two significant milestones this week when it exceeded £3bn of residential mortgage completions
- Since November 2016, the bank has provided 21,700 mortgage offers worth £3.97bn and has now helped 16,400 households
- Achieving strong and profitable mortgage portfolio growth, providing more people with the opportunity to become homeowners
- Continues to bring its combination of app-based customer experience and competitive pricing to those parts of the market
- Reaching £1bn in Instant Saver balances is a key moment of truth for both new tech platform
- Instant Saver was launched to the public in September 2020 and has been gaining a significant following for the ease of account opening