Accord reduces 90% LTV rates

Accord is reducing its mortgages for customers with a 10% deposit by up to 0.25%.

Related topics:  Mortgages
Rozi Jones
15th June 2015
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The intermediary-only lender, which is part of Yorkshire Building Society Group, has cut its five-year fixed rate mortgages for customers with a 90% LTV by up to 0.25% and its two-year fixed rates for 90% LTV customers by 0.10%.

Highlights include a rate of 3.39%, fixed for two years, with a £345 product fee and five-year fixed rate of 3.94%, which has an £845 product fee.

David Robinson, National Intermediary Sales Manager for Accord Mortgages, said:

“We think it is important to ensure that first-time buyers have access to competitive rates, which is why we’ve taken the decision to cut rates for the 90% LTV bracket.

“We hope they will prove popular with brokers with customers who have smaller deposits and are looking for a new mortgage.”

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