Accord Mortgages has introduced a new range of £495 fee residential mortgages at 75%, 85% and 90% LTV.

New deals include the following:

• 2.89% two-year fixed rate mortgage at 75% LTV
• 3.39% five-year fixed rate mortgage at 75% LTV
• 4.94% two-year fixed rate mortgage at 90% LTV

Mortgages featuring cashback of up to £250, free legal assistance and free valuation incentives are also available, plus offset variants of selected products.

Rates on all existing 90% LTV products have been cut by 0.15 basis points.

“We constantly listen to brokers and respond to their needs and there is a clear demand for competitive low-fee mortgages,” said Toni Roberts, Accord Mortgages product manager.

“With the new products we have introduced and the rate reductions at 90% LTV, we are cutting costs for borrowers with smaller deposits and for those who require lower upfront charges.”