Accord cuts fixed rates again

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Accord Mortgages has made further cuts to rates on its 85% LTV mortgage range, following a 0.20% cut last week.

Two-year fixes have been cut by 0.10%, three-year fixes by 0.15% and five-year fixes by 0.15% as well.

Rates have also been cut on Accord’s ‘low fee, low loan-size’ products up to 85% LTV, with two-year fixes for those wanting to borrow up to £150,000 starting from 4.29% with a £495 fee.

Products are also available in this part of the range that include incentives such as free legal assistance and property valuation.

Steve McAvan, group intermediary manager for mortgages, said: “We have taken the decision to cut rates on our 85% LTV mortgage range following recent swap rate movements.

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