Accord Mortgages is set to reduce rates across its residential mortgage range from today, with cuts of up to 0.06% on products up to 90% loan-to-value.

The intermediary-only lender is lowering its two- and three-year fixed residential rates by up to 0.06%, while five-year fixes will drop by as much as 0.05%.

The changes apply to both purchase and remortgage products within the 90% LTV bracket.

Under the revised range, the lender’s two-year fixed rate for house purchase will fall from 4.07% to 4.01%. The product comes with a £1,495 fee and includes a free standard valuation.

For remortgage customers, a three-year fix will be reduced from 4.50% to 4.44%, with a £495 fee. It includes a free standard valuation, alongside a choice of either free legal work or £500 cashback.

Accord is also reducing its five-year fixed rate for house purchase from 4.60% to 4.55%. This deal carries a £495 fee, £300 cashback and a free valuation.

Gemma Hyland, mortgage product manager at Accord Mortgages, said: “We’re delighted to announce a further lowering of our mortgage rates across the majority of our range – the latest example of how we are doing our best to pass on additional value to our brokers and their customers wherever possible.”