Accord Mortgages is cutting rate cuts across a range of loan to values (LTVs), as well launching new products available at 95% LTV for remortgage clients or larger loans.

Rate cuts include the following:

• A five-year fixed rate at 2.16% (was 2.19%) at 80% LTV, available for both house purchases and remortgage, which comes with a £995 fee, £300 cashback and free standard valuation.
• A five-year fixed rate at 2.69% (was 2.86%) at 85% LTV, available for house purchase, which comes with a £495 fee, £500 cashback and free standard valuation.
• A two-year fixed rate at £3.09% (was 3.22%) at 90% LTV, available for house purchase, which comes with a £495 fee, £750 cashback and free standard valuation.

For those remortgaging with just a 5% deposit, new products include a five-year fixed rate at 3.88%, which comes with a £495 fee, £500 cashback, free remortgage legal service and free standard valuation.

The intermediary-only lender has introduced new products at 95% LTV for borrowing of up to £600,000 and has aligned rates on all larger loan products (up to £600,000 at 90% and 95% LTV, and £2 million at 80% and 85% LTV) with those in its core range.

Jemma Anderson, Accord mortgage manager, said: “We’re really pleased to offer this improved range, which offers more comprehensive choice and even better value across a range of LTVs to support more of the market.

“The new offerings at 95% will also support borrowers finding it harder to remortgage with a smaller deposit, as well as those who wish to borrow more. We hope this will be welcomed by brokers and their clients.”