Accord introduces 1.25% 2-year fix

Accord Mortgages has today launched a competitive fixed rate mortgage for borrowers with a 35% deposit.

Related topics:  Mortgages
Amy Loddington
22nd March 2017
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The two-year fix at 1.25% is available to house buyers at 65% loan-to-value and comes with a £995 product fee.

The intermediary-only lender, which is part of the Yorkshire Building Society, has also made further rate reductions on two-year fixes across its 65%, 75%, 80% and 85% loan-to-value range by up to 0.10%.

Highlights include a 1.83% two-year fix at 75% LTV for house buyers which has no upfront fee and the additional features of £250 cashback on completion and free standard valuation. While remortgage customers can benefit from a 1.47% two-year fix at 80% LTV with a £995 fee, plus £250 cashback on completion and free standard valuation.

On offer at 85% LTV is a 1.52% two-year fix with a £1,495 fee and free standard valuation, available to both home buyers and remortgage customers.

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

“Our new 65% LTV home loan is the third new lower loan-to-value mortgage we have launched in the last 10 days.

“We’re pleased to have made further reductions on our two-year fixed rate mortgage range. Many borrowers are looking for competitive short-term fixes at the moment, so our new offerings should appeal to borrowers with differing budgets.”

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