Accord cuts short term fixed rates

Accord Mortgages has reduced the rates on a range of two and three-year fixed rate residential mortgages by 0.10%, with cashback on completion on selected products.

Related topics:  Mortgages
Rozi Jones
20th August 2015
calculator rates mortgage house

The intermediary-only lender, which is part of Yorkshire Building Society Group, is now offering borrowers with a 20% or 35% deposit mortgages with the option of added incentives.

Highlights for house purchase customers include:

- 1.64% two-year fixed rate mortgage at 65% LTV with an £345 product fee
- 1.89% two-year fixed rate mortgage at 80% LTV with a £345 product fee
- 1.99% three-year fixed rate mortgage at 65% LTV with a £845 product fee
- 2.34% three-fixed rate mortgage at 80% LTV with a £845 product fee, £250

All come with £250 cashback on completion and free standard valuation.

Accord Mortgages has also reduced rates on all its two-year fixed rate mortgages at 90% LTV.

David Robinson, National Intermediary Sales Manager at Accord, said:

“This range of reductions shows that we are dedicated to offering value for money mortgages which appeal to both brokers and borrowers. We hope that the combination of competitive short-term rates, and the added incentive of cashback on completion and free standard valuation will benefit borrowers looking to buy a new home.”

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