Accord unveils fixed rate cuts

Published on

Accord Mortgages has cut rates on a number of fixed rate mortgages by up to 0.30 percentage points.

Rates have been reduced across the intermediary-only lender’s 65%, 75%, 80%, 85% and 90% loan-to-value (LTV) range, for both house purchase and remortgage customers.

Borrowers also have a choice of mortgages with no up-front fees and added features, such as cashback, free standard valuation or free legal fees.

A 1.79% two-year fixed rate mortgage is available to home buyers with a 25% deposit and comes with £250 cashback on completion and free standard valuation, plus no up-front fee.

Remortgage customers can opt for a 1.69% rate for two years at 75% LTV, which has no up-front fee and free standard valuation and free legal fees.

Other deals include a 1.89% three-year fixed rate mortgage at 85% LTV, a 2.09 five-year fixed rate mortgage at 75% LTV and a 2.19% five-year fixed rate mortgage at 80% LTV. All of the above three deals come with a £995 product fee.

Each mortgage is available to both house purchase and remortgage customers.

David Robinson, national intermediary sales manager at Accord, said: “These rate reductions are part of our ongoing commitment to offer borrowers and brokers value for money across a wide range of mortgages.

“We believe these changes provide borrowers with a choice of competitive options and will prove extremely popular with brokers.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

First-time buyer and home mover demand holds up as mortgage applications fall

First-time buyers and home movers proved more resilient than remortgage borrowers during a weaker...

Specialist Hub appoints OMS to streamline client management

Specialist Hub has selected One Mortgage System (OMS) as its customer relationship management provider...

Brokers brace for possible interest rate rise as borrowers turn cautious

Nearly six in 10 Primis brokers expect the Bank of England to raise interest...

Nivo targets broker paperwork burden with AI webinar

Nivo is to hold a free webinar for mortgage brokers on where firms should...

Mortgage stability returns as protection and annuity demand holds firm

Advisers pursued more focused client activity in protection and retirement during the second quarter,...

Latest publication

Other news

First-time buyer and home mover demand holds up as mortgage applications fall

First-time buyers and home movers proved more resilient than remortgage borrowers during a weaker...

Specialist Hub appoints OMS to streamline client management

Specialist Hub has selected One Mortgage System (OMS) as its customer relationship management provider...

Brokers brace for possible interest rate rise as borrowers turn cautious

Nearly six in 10 Primis brokers expect the Bank of England to raise interest...