Accord Mortgages has cut its residential rates by up to 0.30 percentage points across its two-year fixed rate 90% loan-to-value (LTV) range, with some mortgages including £250 cash back on completion and a free standard valuation.

The lender is now offering a 90% LTV two-year fixed rate mortgage at 2.39% with a £845 product fee, available for purchases and remortgages.

Other deals also include a two-year fixed rate mortgage at 90% LTV at 2.54% with a £845 product fee, and a free standard valuation and £250 cashback for house purchase.

For brokers and customers looking to avoid paying a product fee, Accord also has a 90% LTV two-year fixed rate mortgage at 2.79%, with £250 cashback on completion and free standard valuation for house purchase.

All mortgages in the range include a £130 Mortgage Application Processing Fee.

David Robinson, Accord’s national intermediary sales manager, said: “These reductions provide competitive rates for borrowers with a 10% deposit, and also the option of reducing the upfront costs of purchasing a home with cashback on completion and free standard valuations.

“These 90% LTV mortgages are available for a limited period, so it’s worth brokers considering this when looking for a competitive two-year deal for their clients.”