Accord makes residential fixed rate changes

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Accord has cut certain fixed rate mortgages by up to 0.29 percentage points across mortgages between 75% and 85% loan to value (LTV).

For borrowers with at least a 25% deposit, the intermediary-only lender, which is part of Yorkshire Building Society Group, is offering a two-year fixed rate of 1.69%, with a £495 product fee, which is available to both home-movers and those who want to remortgage.

Brokers with clients who want to remortgage with lower upfront costs can secure a 1.80% rate, fixed for two years, with a £495 product fee, £250 cashback on completion, free standard valuation and free standard legal fees.

Jemma Anderson, residential mortgage manager for Accord, said: “We’ve made some competitive additions to our mortgage range to ensure we are giving all borrowers options, whatever their needs or budget.

“The new range includes options which keep the upfront costs low, including additional features, such as cashback and free standard valuations. We hope the new range will help brokers and their clients to secure the right mortgage for them.”

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