Accord Mortgages has cut interest rates across its higher LTV residential mortgages.

From 1 November, two year fixed rate mortgages will be available at rates starting from 2.19% for 80% LTV and from 4.04% at 90% LTV.

These mortgages are available for home purchase or remortgage and have a completion fee of £1,845.

The range also includes fixed rate products with lower completion fees and incentive packages, such as:

• 2.49% two year fixed rate 80% LTV mortgage with £345 completion fee, and either free standard valuation and £250 cashback on completion for house purchase customers, or free legal assistance for remortgage customers;
• 4.29% two year fixed rate 90% LTV mortgage with £345 completion fee, and either free standard valuation and £250 cashback on completion for house purchase customers, or free legal assistance for remortgage customers.

Jemma Anderson, Accord Mortgages’ product manager, said: “We have a wide choice of competitive rates across LTV levels at the moment and the rates on these new mortgages at higher LTVs offer excellent deals for borrowers with a deposit of 20% or less, or homeowners with a small amount of equity in their property.

“The rates on our 80% LTV mortgages are market leading and feedback from brokers tells us these are among the most popular in our competitive range. We hope the choice of incentive packages helps borrowers to find the deal which suits them best.”