Accord cuts rates on higher LTV resi products

From Friday, 1 November, two year fixed rate mortgages will be available at rates starting from 2.19% for 80% LTV and from 4.04% at 90% LTV.

Related topics:  Mortgages
Amy Loddington
31st October 2013
Mortgages

These mortgages are available for home purchase or remortgage and have a completion fee of £1,845.

The range also includes competitive fixed rate products with lower completion fees and incentive packages, such as:

- 2.49% two year fixed rate 80% LTV mortgage with £345 completion fee, and either free standard valuation and £250 cashback on completion for house purchase customers, or free legal assistance for remortgage customers;

- 4.29% two year fixed rate 90% LTV mortgage with £345 completion fee, and either free standard valuation and £250 cashback on completion for house purchase customers, or free legal assistance for remortgage customers.

Jemma Anderson, Accord Mortgages product manager, said:

“We have a wide choice of competitive rates across LTV levels at the moment and the rates on these new mortgages at higher LTVs offer excellent deals for borrowers with a deposit of 20% or less, or homeowners with a small amount of equity in their property.

“The rates on our 80% LTV mortgages are market leading and feedback from brokers tells us these are among the most popular in our competitive range. We hope the choice of incentive packages helps borrowers to find the deal which suits them best.”

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