Mortgages

Accord cuts 79 residential mortgage rates by up to 0.30%

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11th January 2018
"We hope by reducing rates and improving our cashback offerings this will give brokers plenty of options when supporting clients with a range of budgets and needs."

Accord Mortgages has reduced rates on 79 residential mortgages by up to 0.30% and doubled its £250 cashback offer on selected mortgages as well as adding £500 cashback to a handful of loans.

Highlights of the range include a 95% LTV five-year fix at 4.40%, which is fee free and comes with £500 cashback on completion and free standard valuation.

Two-year fixed rates are available at 1.88% up to 75% LTV with £500 cashback on completion, free standard valuation and no product fee.

New remortgage products include a 1.75% two-year fix at 85% LTV with £500 cashback on completion and free standard valuation. Remortgagors can also opt for a 90% LTV three-year fix at 2.40% with £250 cashback on completion, free standard valuation and free legal fees. Both mortgages have a £495 fee.

David Robinson, National Intermediary Sales Manager at Accord, said: “There are a number of highly competitive deals across the mortgage market at the moment, which is great news for borrowers looking to get a great rate at the start of the year.

“We hope by reducing rates and improving our cashback offerings this will give brokers plenty of options when supporting clients with a range of budgets and needs. We know that cashback is a popular incentive choice for borrowers so they may appreciate having extra cash in their pocket when they secure their next home loan.”

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