Accord cuts fixed mortgage rates

Published on

Accord Mortgages has reduced the rates on a selection of two and three-year fixed rate residential mortgages by 0.10 percentage points.

It is also providing cashback on completion on selected products.

The intermediary-only lender, which is part of Yorkshire Building Society Group, has also reduced rates on all its two-year fixed rate mortgages at 90% LTV.

New deals for house purchase customers include:

  • 1.64% two-year fixed rate mortgage at 65% LTV with an £345 product fee, £250 cashback on completion and free standard valuation
  • 1.89% two-year fixed rate mortgage at 80% LTV with a £345 product fee, £250 cashback on completion and free standard valuation
  • 1.99% three-year fixed rate mortgage at 65% LTV with a £845 product fee, £250 cashback on completion and free standard valuation
  • 2.34% three-fixed rate mortgage at 80% LTV with a £845 product fee, £250 cashback on completion and free standard valuation

David Robinson, national intermediary sales manager at Accord, said: “This range of reductions shows that we are dedicated to offering value for money mortgages which appeal to both brokers and borrowers.

“We hope that the combination of competitive short-term rates, and the added incentive of cashback on completion and free standard valuation will benefit borrowers looking to buy a new home.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Market Harborough broadens tier two mortgage criteria to boost complex case lending

Market Harborough Building Society has introduced a series of criteria enhancements to its tier...

Coventry for intermediaries reduces rates across residential and buy-to-let ranges

Coventry for intermediaries has announced rate cuts of up to 19 basis points, with...

Halifax cuts remortgage rates across selected two and five-year fixed deals

Halifax Intermediaries has announced a series of rate cuts across its remortgage product range,...

The Leeds reports £104m profit amid robust lending and savings growth

Leeds Building Society has reported a profit before tax of £104.4 million for the...

Annual house price growth picks up as affordability improves

The UK housing market showed renewed resilience in July, with house prices rising by...

Latest publication

Latest opinions

Job cuts to inflation shock: preparing for a mortgage arrears crisis

The latest data on jobs paints a picture of a rapidly weakening labour market. The...

URGENT! AI Is coming for you. Or maybe not…

I’ll try to make this as straight to the point as I can. The...

Mind the gap: Can mortgage advice change the game for protection?

Many industry insiders still talk about the UK protection gap and how vast it...

Navigating HMO and MUFB complexity with confidence

Historically, larger Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs) have often...

Other news

Market Harborough broadens tier two mortgage criteria to boost complex case lending

Market Harborough Building Society has introduced a series of criteria enhancements to its tier...

Coventry for intermediaries reduces rates across residential and buy-to-let ranges

Coventry for intermediaries has announced rate cuts of up to 19 basis points, with...

Halifax cuts remortgage rates across selected two and five-year fixed deals

Halifax Intermediaries has announced a series of rate cuts across its remortgage product range,...