Accord unveils fixed rate mortgage reductions

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Accord Mortgages has cut rates on a range of selected fixed rate mortgages by up to 0.15 percentage points.

The lender has reduced rates at the 75%, 80%, 85%, 90% and 95% loan to value (LTV) ranges and has launched new fee remortgage options at 75%, 80% and 85% LTVs.

A two-year fixed rate at 1.63% with an £845 product fee is available at 75% LTV, with a choice of free standard valuation and standard legal fees, or £250 cashback on completion and free standard valuation for those looking to remortgage, and £250 cashback on completion and free standard valuation for house purchases.

On offer at 90% LTV is a 2.39% two-year fixed rate with an £845 fee and free standard valuation and standard legal work for remortgage customers, and £250 cashback on completion and free standard valuation for those buying a property.

David Robinson, Accord’s national intermediary sales manager, said: “We always try to offer brokers and borrowers a range of options and good, long-term value for money. By making these reductions and launching mortgages with different options, we are increasing the choice brokers can offer their clients.”

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