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.”