Strong first year in new build and Help to Buy for Accord

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Since launching its new build and Help to Buy proposition in September 2018, Accord Mortgages has helped thousands of people.

In the first 12 months, the new propositions have helped nearly 10,000 people move into their own homes with these product transactions accounting for nearly 10% of overall lending.

For new build, the range includes mortgages up to 90% loan to value (LTV) for houses and flats and day one valuation instructions as standard.

For Help to Buy, products are available at both 60% LTV and 75% LTV.

Nicola Alvarez, corporate account manager proposition development at Accord Mortgages, said: “It’s been an incredible year and we’re really proud of the reputation we’ve established in such a short time frame.

“We knew these were two complex propositions and so we worked hard to get insight from brokers and industry leaders to put the right processes in place to deliver the best possible service. Our new build help desk enables brokers to speak with our experts for pre-application and policy queries as well as a dedicated team of new build underwriters who ensure the case is dealt with promptly.

“For Help to Buy, we’re delighted we’ve been able to support more people into their own home and have worked hard to offer guidance to brokers when navigating this application process. Our ongoing relationship with Homes England means we are working alongside them on developing the scheme and ensuring the 2021 transition is as smooth as possible.”

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