Accord Mortgages is cutting selected residential mortgage rates across its offering.

The revised range launches on 31 March and sees cuts of up to 0.18 percentage points.

Last week, the intermediary-only lender announced a reduction in rates on selected higher LTV products.

Deals exclusively for house purchase include:

• A two-year fixed rate at 2.28% (was 2.46%) at 80% LTV, which comes with a £495 fee, £500 cashback and free standard valuation.
• A five-year fixed rate at 1.85% (was 1.87%) at 75% LTV, which comes with a £495 fee, £500 cashback and free standard valuation.

Available for both house purchase and remortgaging, products include:

• A two-year fixed rate at 2.07% (was 2.25%) at 80% LTV, which comes with a £995 fee.
• A two-year fixed rate at 2.59% (was 2.72%) at 85% LTV, with a £995 fee.

Jemma Anderson, mortgage manager at Accord Mortgages, said: “We’re really pleased to be able to offer further reductions to our residential range, offering more competitive choice to brokers and their clients.

“With a range of LTV and initial fixed rate term options, as well as a variety of benefits including cashback and free standard valuation, we hope these changes will benefit brokers and their clients.”