Accord cuts residential rates by up to 0.24%

Accord Mortgages has reduced rates across its residential fixed-rate mortgage range by up to 0.24%.

Related topics:  Mortgages
Rozi Jones
23rd January 2017
hand keys house buy business mortgage

The intermediary-only lender has reduced rates at 75%, 80%, 85% and 90% LTVs, across two, three and five year terms.

Available to house purchase customers is a five-year fix at 2.20% at 80% LTV and 2.39% at 85% LTV.

Both products offer £250 cashback on completion, free standard valuation and come with a £995 product fee.

Three-year fixed rates are now available for purchase and remortgage from 2.37% at 90% LTV.

In addition, Accord has launched a 2.76% three-year fix at 90% LTV for home buyers which comes with no up-front fees plus £250 cashback on completion and free standard valuation.

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 mortgages that deliver value for money to our customers with features like cashback on completion. The five-year rate reductions will appeal to borrowers looking for the security of fixing their mortgage repayments to a competitive rate for a longer period.”

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