Accord has increased the cashback offered on its range of 95% loan to value (LTV) remortgage products.

Borrowers looking for a five-year fixed rate can now get £750 cashback on a 95% LTV remortgage product at a rate of 3.73%, with free valuation and a £495 product fee.

Alternatively, those remortgaging with five per cent equity could choose a five-year fix at 3.79% with £500 cashback, free legals, free valuation and no product fee.

In addition to the cashback improvements, selected five-year fixed rates have been reduced by up to 0.11 percentage points and selected three-year fixed rates reduced by up to 0.05 percentage points.

All products in the Accord range have had the end dates extended to 31 January.

Jemma Anderson, product manager at Accord Mortgages, said: “As one of the few lenders to offer 95% LTV remortgage options we’ve had a positive response from intermediaries and have updated the range to ensure we continue to offer great value and choice to those looking for lower equity products.”