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.”