Accord cuts five-year fixed rates

Accord Mortgages has reduced rates by 0.15% on selected five-year fixed rate mortgages.

Related topics:  Mortgages
Rozi Jones
10th June 2016
David Robinson YBS
"We are sure the new rates will prove attractive to brokers and borrowers, and we are keen to offer value for money to our customers with incentives like cashback on completion."

On offer for borrowers with a 15% deposit is a 2.64% five-year mortgage with a £845 fee, which is available for both house purchase and remortgage borrowers.

There is also a 2.74% option with a £845 fee, available with £250 cashback on completion and free standard valuation for house purchase, or free standard valuation and legal fees for remortgaging customers.

At 80% LTV, there is a 2.49% five-year mortgage which comes with an £845 fee and incentives, including £250 cashback on completion and free standard valuation for house purchase, or free standard valuation and legal fees for remortgaging customers.

David Robinson, Accord’s National Intermediary Sales Manager, said: “We are sure the new rates will prove attractive to brokers and borrowers, 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 to a competitive rate for a longer period.”

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