Accord Mortgages has launched a new fixed rate mortgage at 65% loan to value (LTV).
The two-year fix at 1.25% is available to house buyers and comes with a £995 product fee.
The intermediary-only lender has also made further rate reductions on two-year fixes across its 65%, 75%, 80% and 85% LTV range by up to 0.10 percentage points.
Deals include a 1.83% two-year fix at 75% LTV for house buyers which has no upfront fee and the additional features of £250 cashback on completion and free standard valuation.
Meanwhile, remortgage customers can benefit from a 1.47% two-year fix at 80% LTV with a £995 fee, plus £250 cashback on completion and free standard valuation.
On offer at 85% LTV is a 1.52% two-year fix with a £1,495 fee and free standard valuation, available to both home buyers and remortgage customers.
David Robinson, national intermediary sales manager at Accord, said: “Our new 65% LTV home loan is the third new lower loan to value mortgage we have launched in the last 10 days.
“We’re pleased to have made further reductions on our two-year fixed rate mortgage range. Many borrowers are looking for competitive short-term fixes at the moment, so our new offerings should appeal to borrowers with differing budgets.”
