Accord Mortgages is cutting a number of rates across its 85% and 90% loan to value (LTV) range by up to 13bps.

The lender has also introduced new options at 80% LTV.

New 90% LTV deals include the following:

• A two-year fixed rate at 3.35% (was 3.48%) which comes with £495 fee, £750 cashback and free standard valuation
• A fee-free two-year fixed rate at 3.65% (was 3.78%) which comes with £750 cashback and free standard valuation
• A five-year fixed rate of 3.51% (was 3.57%) which comes with £495 fee, £750 cashback and free standard valuation

Accord has also introduced two new products available for both house purchase and remortgage clients requiring 80% LTV.

A two-year fixed rate of 1.99% and a five-year fix of 2.20% are available, both of which come with a £995 fee, £300 cashback and free standard valuation.

A large loan product, at 85% LTV and available up to £2 million, has also been introduced at a rate of 2.74% fixed for two years. Available to both home buyers and those remortgaging, it comes with a £995 fee, £300 cashback and free standard valuation.

Jemma Anderson, mortgage manager at Accord, said: “We’re pleased to have been able to make a number of reductions in our higher LTV mortgage range, giving brokers and their clients with smaller deposits more choice.

“We’ve also added new home loan options at 80%, giving both house purchase and remortgage customers short- and longer-term fixed alternatives.”