Accord cuts rates by up to 0.31 percentage points

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Accord Mortgages has launched a new product range.

The changes feature rate cuts of up to 0.31 percentage points, starting from 75% loan to value (LTV).

End dates for all products have also been extended until 31 January 2022.

The following products – which Accord says are market-leading – are available to both home buyers and remortgage clients from the new range:

  • A five-year fixed rate at 1.80% (was 1.88%) at 80% LTV, which comes with a £995 fee, £1000 cashback and free standard valuation
  • A five-year fixed rate at 2.17% (was 2.33%) at 85% LTV, which comes with a £995 fee, £1000 cashback and free standard valuation

At 90% LTV, deals include a three-year fix at 2.43% (was 2.73%), which comes with a £495 fee, £500 cashback and free standard valuation.

Jemma Anderson, mortgage manager at Accord Mortgages, said: “We’re delighted to launch this new range, including some market-leading products for brokers and their clients looking to take advantage of the current low interest rate environment.

“These changes offer great competitive value, suiting a variety of customer circumstances and borrowing requirements. We hope they will be welcomed by brokers and their clients.”