Accord Mortgages has cut rates on its three-year fixed rate mortgages by 0.10 percentage points.

Rates now available to borrowers at 65% loan-to-value (LTV) are 1.84% with an £845 product fee or 1.94% with an £845 product fee, £250 cashback on completion and free standard valuation. Both mortgage rates are fixed for three years.

Accord Mortgages has also reduced rates on two-year fixed rate mortgages at 90% LTV and 65% LTV by up to 0.10 percentage points.

David Robinson, national intermediary sales manager for Accord Mortgages, said: “We believe these reductions will be popular with borrowers and brokers looking for value for money at 65% LTV.

“As well as offering highly competitive rates the mortgages have the added bonus of incentives including cashback on completion and free standard valuation which can help to reduce the financial outlay of moving home.”