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Atom commercial fixed rates to start from 5.75% – Mortgage Strategy

Atom bank, theย  app-based bank, is offering its range of commercial mortgages with fixed rates from 5.75%. The range includes Business Banking Secured Loans (BBLS) and Recovery Loan Scheme (RLS) products. BBLS fixed rates are available with commitment terms from 2 to 7 years, with rates starting from 5.75% up to 45%
United Kingdom Business Banking Secured Loans Recovery Loan Scheme Tom Renwick Commercial Mortgages

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Atom boosts care home criteria to encourage new operators   – Mortgage Strategy

Atom bank has changed its care home criteria, which will allow it to accept applications from new operators. ย  The firm says its new lending standards include a stressed debt service cover of 145% minimum, a maximum 70% loan to value, good to outstanding Care Quality Commission-rated homes and 90%, or more, average
United Kingdom Tom Renwick Care Quality Commission Rated

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