This is the headline product in a range where the majority of rates have been cut, some by as much as 0.40%.
The range includes:
- Two-year fixed rates starting at 2.99%
- Three-year fixed rates starting at 3.39%
- Five-year fixed rates starting at 3.99%
- Ten-year fixed rates starting at 4.84%
The range also includes tracker and offset deals with a two-year tracker at 2.54% (£95 booking fee, £1,900 completion fee) and a two-year fixed rate offset mortgage at 4.44% (£95 booking fee, £900 completion fee), as well as products carrying incentives to assist with the initial costs of buying a home or remortgaging.
A variety of deals for borrowers with a 15% deposit are also available.
In a further enhancement to Accord’s mortgage range, the minimum loan size on its larger loan products has also been cut to £200,000 (previously £750,000).
Accord’s product development manager Steve McAvan commented:
“Swap rates have fallen recently, allowing us the opportunity to launch some exceptionally competitive products. Our fixed rate deals offer great rates as well as peace of mind for borrowers looking for security and protection from future interest rate rises.
“As well as our fixed rate products, the new range carries a wide variety of other deals meaning we should have something for everyone and the reduction in the minimum loan on our larger loan mortgage range will mean these attractive rates are available to more borrowers too.”
