Accord Mortgages has reduced rates by up to 0.23 percentage points on 15 mortgages and increased cashback by up to £500 on selected higher loan to value (LTV) mortgages.

Now available at 90% LTV is a two-year fix at 2.49% for remortgage customers, with no product fee, £250 cashback on completion, a free standard valuation and free legal fees.

At 75% LTV there is a 1.88% two year fix, with no fee, free standard valuation and £250 cashback on completion.

Accord has added £500 cashback to its two-year 95% LTV fix at 3.83%, which is available to those looking to buy a home and comes with a £995 fee and free valuation.

In addition, the lender has launched seven new mortgages for borrowers with 35%, 25% and 15% deposits.

David Robinson, national intermediary sales manager, said: “Many people like to make a fresh start come the New Year and for some, progress any house-buying plans they may have.

“We hope our refreshed range will provide a choice of competitive options for borrowers with varying budgets and our fee free options, plus additional features, will help to keep upfront costs low.”