Accord has reduced rates across its fixed rate mortgage range by up to 0.18 percentage points.

Buyers could take advantage of a 2.15% two-year fix at 80% loan to value (LTV). This fee-free mortgage comes with £500 cashback on completion and free standard valuation.

Available to both house buyers and remortgage customers is a 1.68% two-year fix at 80% LTV with a £995 fee.

While remortgaging customers with a 25% deposit could opt for a two-year deal at 2.01%, which has a £495 fee, plus £500 cashback on completion and free standard valuation.

Ben Merritt, mortgage manager at Accord, said: “We’ve spring cleaned our mortgage range to make it as competitive as possible for borrowers with differing budgets.

“The new range includes some fee-free options as well as home loans with additional features, such as cashback and free standard valuations, designed to help borrowers keep the upfront costs of buying or remortgaging low.

“We hope the new options will appeal to brokers and their clients.”