Accord cuts mortgage rates and extends end dates

Published on

Accord Mortgages has withdrawn its current product range and will replace it at 9am on Friday 30 July.

The new range will feature extended product end dates as well as rate cuts on selected products at higher loan-to-values (LTVs), with an average rate reduction of 0.05 percentage points on the core range.

Highlights of the new range include:

  • A two-year fixed rate at 2.35% (was 2.39%) at 85% LTV, available for house purchase, which comes with a £495 fee, £500 cashback and free standard valuation
  • A five-year fixed rate at 2.52% (was 2.58%) at 85% LTV, available for house purchase, which comes with a £495 fee, £500 cashback and free standard valuation
  • A five-year fixed rate at 3.14% (was 3.25%) at 90% LTV, available for remortgage clients, which comes with a £495 fee, £1000 cashback, and free standard valuation

Clients with a 5% deposit looking to remortgage also have access to new deals including a five-year fix at 3.67% (was 3.71%), which comes with a £495 fee, £750 cashback, free remortgage legal service and free standard valuation.

Jemma Anderson, mortgage manager at Accord Mortgages, said: “We’re pleased to offer this new range which offers even better value, especially for those with a smaller deposit. We hope that it will appeal to brokers and their clients looking for the best option to suit their individual requirements.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...

FCA finds protection market delivering good outcomes, says TPFG

The Property Franchise Group PLC (TPFG) has responded to the publication of the Financial...

Conditional selling remains industry flashpoint as enforcement lags

Conditional selling remains one of the most persistent and contentious issues facing the UK...

Latest publication

Other news

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...