Accord Mortgages has introduced a dedicated larger loans service designed to support brokers handling residential mortgage cases worth £1m or more.

The new service, which has been launched following a pilot phase, assigns a specialist underwriter at the decision-in-principle (DIP) stage, who remains with the case through to completion.

Accord said this is intended to improve continuity, speed up decision-making and provide more tailored support.

Brokers using the service will receive direct contact from their allocated underwriter within hours of submission.

The service covers a range of borrowing scenarios, including loans of up to £5m at 75% loan-to-value (LTV), up to £2.6m at 85% LTV, and up to £1m at 90% LTV.

It is available for purchases and remortgages, including new-build cases, as well as Boost LTI and Joint Borrower Sole Proprietor (JBSP) applications.

Jeremy Duncombe, managing director of Accord Mortgages, commented: “Cases involving larger loans are often more complex, potentially involving borrowers with more intricate income structures or financial profiles.

“These require a tailored approach, and closer collaboration between brokers and lenders.

“Our new service is designed to provide exactly that — combining experienced underwriting with a bespoke customer journey to help brokers place these cases with greater confidence, and whilst we’ve been well respected in the larger loans market for some time, this approach takes our service to the next level.”

Alistair Ellis, team manager, from London & Country, who have taken part in the pilot, said: “The support provided by the new team is excellent. The underwriters are knowledgeable, approachable, and always demonstrate a genuine willingness to support cases and find solutions wherever possible.”