Accord Mortgages has unveiled a range of new mortgages for borrowers looking for a two-year fixed rate.

Borrowers with a 35% deposit can get a two-year fixed rate mortgage at 1.64% with a £345 product fee.

Alternatively, they can take advantage of incentive products with a rate of 1.79%, fixed for two years, and a £345 product fee, £250 cashback on completion and free standard valuation. This is available to borrowers looking for 65% loan-to-value (LTV) mortgages.

Rate reductions are also being made on five-year fixed rate mortgages for borrowers with a 35% deposit looking for a secure rate over a longer term. New deals include:

• 2.44% five-year fixed rate with an £845 product fee
• 2.54% five-year fixed rate with a £345 product fee
• 2.64% five year fixed rate with an £845 product fee, £250 cashback on completion and free standard valuation
• 2.74% five-year fixed rate with a £345 product fee, £250 cashback on completion and free standard valuation

David Robinson, national intermediary sales manager at Accord Mortgages, said: “It is always good news when we are able to announce the launch of highly competitive mortgages like these. We are sure the rates will prove attractive to brokers and we are keen to offer value for money to our customers with incentives like cashback on completion.

“The five-year rate reductions will appeal to borrowers looking for the security of a fixing their mortgage repayments a competitive rate for a longer period.”