What you need to know: Atom Bank is a challenger bank based in the UK. They started operating in 2016, and have now announced that they will start offering consumer mortgages, competing with the main banks. They have already partnered with more than 800 brokers and have ambitious sales targets for 2017

Why this is important: New entrants into the mortgage field are likely to bring efficiencies to the application process. This is unlikely to have an effect on interest rates offered but might eventually allow new buyers into the property padder

Want to read more? Read the Telegraph here