Accord improves 75-85% LTV offering

Published on

Accord Mortgages has made a number of changes to its residential range to offer brokers more options for home purchases and remortgages.

A number of new products have been launched including a pair of two-year fixed rates at 1.49%; one available for remortgage customers with 25% equity and the other to those purchasing a new home with a 25% deposit.

Both products come with a £995 product fee, free valuation, £500 cash back and additionally free legal services for remortgage customers.

There are also two new five-year fixed rate products. For house purchases, those with a 25% deposit can attract a rate of 1.73% with £500 cash back, free valuation and a £995 product fee.

For remortgage clients, a rate of 1.72% is on offer at 75% LTV with £500 cash back, £995 product fee, free valuation and free legal services.

Selected rates across the 75–85% LTVs have been reduced by up to 15bps as well as the maximum loan for a 75% LTV increased from £3m to £5m.

Jemma Anderson, Accord product manager, said: “These latest changes ensure brokers have a good range of lower LTV rates to choose from as well as a selection of incentives to suit the individual needs of their client.”

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

A third of landlords warn of disinvestment if rent caps are introduced

A substantial proportion of landlords say they would halt investment in their properties if...

West One unveils 97.5% LTV products

Specialist lender West One Loans has launched a sweeping set of changes across its...

Black & White Bridging bolsters team to support growth

Black & White Bridging has announced the appointment of two new recruits as it...

UK housing market shows signs of stability against backdrop of lingering uncertainty

The UK housing market is showing early signs of stabilisation, according to the latest...

ONP Solicitors appointed exclusively for the Coventry’s limited company BTL remortgage service

Coventry Building Society has appointed ONP Solicitors as the exclusive legal services provider in...

Latest opinions

Affordability reforms, housing ambition and the uncomfortable PRS truth

Let’s be clear: the FCA’s recent Discussion Paper (DP25/2) isn’t necessarily about buy-to-let lending....

Broker proactivity can ease path back to prime

One of the lessons we’ve taken from the ever rising levels of interest in...

We need to look again at two-year swaps…

Over the last 12 months, we’ve seen three notable things happen in the swaps...

How product transfers can help landlords and brokers in a challenging market

In an ever-changing buy-to-let market, the task of managing a property portfolio becomes increasingly...

Other news

A third of landlords warn of disinvestment if rent caps are introduced

A substantial proportion of landlords say they would halt investment in their properties if...

West One unveils 97.5% LTV products

Specialist lender West One Loans has launched a sweeping set of changes across its...

Black & White Bridging bolsters team to support growth

Black & White Bridging has announced the appointment of two new recruits as it...