Accord adds five products to offset range

Accord Mortgages has introduced five new options to its offset range, including a choice of mortgages with no upfront product fee.

Related topics:  Mortgages
Rozi Jones
31st January 2017
David Robinson YBS
"The extension of our range is part of a series of improvements to make our offset mortgages more appealing to borrowers."

Two-year fixed rate offset products are available from 2.02% at 85% LTV with no upfront fee, or 2.44% at 90% LTV with a £995 product fee.

A new three-year fix is available at 2.09% up to 85% LTV with a £995 product fee.

Five-year fixed rates are available from 2.19% at 65% LTV. A fee-free product is also available from 2.99% at 85% LTV.

Additionally, the lender has reduced rates on selected 80%, 85% and 90% LTV rates by up to 0.30%.

New 90% LTV rates include a 1.99% two-year fix with a £995 product fee and a five-year fix at 2.76% with a £995 product fee, plus the additional features of free standard valuation and free legal fees.

David Robinson, National Intermediary Sales Manager at Accord, said: “The extension of our range is part of a series of improvements to make our offset mortgages more appealing to borrowers. These new additions give borrowers with different budgets a greater choice of competitive offset options.

“Offsets have lots of advantages and can be extremely beneficial for borrowers with a good amount of savings, or those who have less regular incomes due to commission or because they are self-employed. We’re committed to supporting brokers to educate more clients about the cost savings this type of home loan can provide.”

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