Accord Mortgages is making a number of changes to its residential mortgage offering, with cuts of up to 0.50 percentage points.

The new range is aimed at those looking for higher loan-to-value mortgages, purchasing new-build houses or remortgaging.

Deals for new-build houses include:

• A two-year fixed rate of 3.20% (was 3.70%) available at 90% LTV, which comes with a £495 fee, £250 cashback and free standard valuation.
• A five-year fixed rate of 3.40% (was 3.76%) available at 90% LTV, which comes with a £495 fee, £250 cashback and free standard valuation.

Deals for remortgage clients at 95% LTV include:

• A two-year fixed rate of 2.97% (was 3.38%)
• A five-year fixed rate of 3.16% (was 3.46%)

Both 95% LTV remortgages come with a £495 fee, £250 cashback, free standard valuation and free Remortgage Legal Services. A fee-free rate of 3.22% (was 3.69%) is also available.

Longer-term fixes up to five-years have also been reduced by up to 0.10 percentage points on selected products at 75%, 80% and 85% LTV, while the same term is now available at 90% LTV at a fee-free rate of 2.96% (was 3.14%).

Jemma Anderson, mortgage manager at Accord Mortgages, said: “We continually look at ways to improve our mortgage range to ensure we’re giving brokers and their clients competitive choice and are confident these changes will benefit those with smaller deposits.

“The 95% remortgage options will also be welcome for clients hoping to raise additional capital for home improvements, as well as those with less equity.”