Accord cuts high-LTV rates

Accord Mortgages has reduced high-LTV rates and launched new fee-free options at 75%, 80% and 85% LTV.

Related topics:  Mortgages
Rozi Jones
2nd June 2016
calculator rates mortgage house
"By making these reductions and launching mortgages with different options, we are increasing the choice brokers can offer their clients."

At 90% LTV, two-year fixed rates now start from 2.49%. A new five-year fix is available from 3.24% with free standard valuation, as well as £250 cashback on completion for those buying a home and free standard legal work on remortgages.

On offer at 85% LTV is a 1.99% two-year fixed rate and a 2.79% five-year fixed rate. At 80% LTV, there is a 1.84% two-year fixed rate available, as well as a 2.59% five-year fixed rate.

All are available for house purchase and remortgage and come with an £845 fee.

David Robinson, National Intermediary Sales Manager, said: “We always try to offer brokers and borrowers a range of options and good, long-term value for money. By making these reductions and launching mortgages with different options, we are increasing the choice brokers can offer their clients. As well as the products we’ve launched today, we also have mortgages with no upfront fees for those who want to minimise the costs of moving or remortgaging.”

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