Accord cuts five-year rates

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Accord Mortgages

Accord has reduced a selection of its five-year fixed rate mortgages by 0.10 percentage points and is also offering up to £250 cashback or free valuations on selected products.

The lender is reducing rates across its five-year fixed 80%, 85% and 90% loan-to-value mortgages by up to 10bps, with incentives including £250 cashback on completion or free valuations available on selected mortgages.

Highlights available on 80% loan to value include:

  • 3.44% five-year fixed rate with an £845 product fee
  • 3.54% five-year fixed rate with an £845 product fee and free standard valuation
  • 3.64% five-year fixed rate with a £345 product fee, free standard valuation and £250 cash back

The new launch also includes changes to the two-year 65% and 75% loan to value mortgages, with reductions of 0.05 percentage points on selected products.

David Robinson, national account manager at Accord Mortgages, said: “We always do our best to respond to feedback from brokers and this is another example where we have listened to the market and reduced some of our two and five year fixed rate mortgages.

“As well as providing competitively priced mortgages, we will continue to offer both brokers and customers the excellent standard of service and support they have come to expect from us.”

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