Accord improves 80%-85% LTV residential products

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Accord Mortgages has improved selected products in its 80%-85% loan to value (LTV) ranges.

The deals are available for both house purchase and remortgage and include the following:

  • A two-year fixed rate of 2.28% (was 2.35%) at 85% LTV
  • A five-year fixed rate of 2.57% (was 2.64%) at 85% LTV
  • A two-year fixed rate of 1.97% at 80% LTV
  • A five-year fixed rate of 2.16% at 80% LTV

The above all come with a £995 fee, free standard valuation and £1,000 cashback.

The intermediary-only lender has also reduced rates by up to 0.14 percentage points on selected products in the range, including a five-year fixed rate of 2.61% (was 2.75%) available for remortgages, which comes with a £495 fee, £500 cashback and free standard valuation.

Jemma Anderson, mortgage manager at Accord Mortgages, said: “We’re committed to providing competitive mortgage options for brokers and their clients, and these latest changes reflect that.

“We’ve refreshed the range to improve a number of selected products at 80% and 85% LTV, and hope the combination of reduced rates and increased cashback will create more choices to meet varying customer needs.”

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