Accord cuts rates on 90% LTV by 0.15%

Borrowers and brokers have been given some early Christmas cheer thanks to a new set of low-fee products and rate reductions at 90% LTV by Accord Mortgages.

Related topics:  Mortgages
Amy Loddington
7th December 2012
Mortgages
The intermediary-only lender has today launched a range of £495 fee residential mortgages at 75%, 85% and 90% LTV.

Low-fee products include:

- 2.89% two year fixed rate mortgage at 75% LTV

- 3.39% five year fixed rate mortgage at 75% LTV

- 4.94% two year fixed rate mortgage at 90% LTV

Mortgages featuring cashback of up to £250, free legal assistance and free valuation incentives are also available, plus offset variants of selected products.

Rates on all existing 90% LTV products have been cut by 0.15% as Accord increases the choice for brokers and borrowers seeking a competitive mortgage.

Toni Roberts, Accord Mortgages Product Manager, said:

“We constantly listen to brokers and respond to their needs and there is a clear demand for competitive low-fee mortgages.

“With the new products we have introduced and the rate reductions at 90% LTV, we are cutting costs for borrowers with smaller deposits and for those who require lower upfront charges.”
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