Accord Mortgages has cut its two, three and five-year fixed rate products by up to 0.45 percentage points.

It is also offering free standard legal work and free valuations on selected products.

Highlights include a two-year fixed rate at 1.99%, with a £345 product fee, free standard valuation and free legal fees and a five-year fixed rate of 2.79% rate with an £845 product fee. Both fixed rates are available to customers with a 35% deposit.

Accord is also offering a three-year fixed rate at 2.44%, with a £345 product fee, for customers with a 25% deposit.

David Robinson, national account manager at Accord Mortgages, said: “We are continually striving to deliver good value mortgages which are attractive to brokers and customers. We believe these low-rate, low-fee options will appeal to a wide range of customers.”

Offset alternatives are available on selected products, with rates 0.20 percentage points higher than their non-offset equivalents.