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.”

Latest POLL

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

West One reduces residential mortgage rates by up to 30bps and introduces £1,000 cashback remortgage product

Specialist lender West One Loans has implemented a series of rate reductions across its...

Household credit creeps up as lenders point to more optimism… but at a cost

British households are borrowing more – and lenders are increasingly willing to let them...

Newcastle cuts shared ownership rates by up to 55bps

Newcastle for Intermediaries has announced rate reductions of up to 55 basis point s...

Paragon Bank promotes Tim Sweetman to national account role

Paragon Bank has appointed Tim Sweetman as its new mortgages national account manager, marking...

Other news

West One reduces residential mortgage rates by up to 30bps and introduces £1,000 cashback remortgage product

Specialist lender West One Loans has implemented a series of rate reductions across its...

Household credit creeps up as lenders point to more optimism… but at a cost

British households are borrowing more – and lenders are increasingly willing to let them...

Newcastle cuts shared ownership rates by up to 55bps

Newcastle for Intermediaries has announced rate reductions of up to 55 basis point s...