Accord Mortgages is reducing rates across its residential mortgage range, with the biggest discounts on products at 95% LTV.
Available from tomorrow, the changes see two-and five-year fixes reducing by up to 0.10%, with three-year fixes reducing by up to 0.14%.
A fee-free two-year fixed rate has reduced to 5.44% at 95% LTV, which comes with £300 cashback and free standard valuation.
In addition, a three-year fix is down to 5.30% at 95% LTV, with a £995 fee and free valuation.
The reductions also include the lender’s £5K Deposit Mortgage, which enables first-time buyers to buy a property worth up to £500,000 with a deposit of just £5,000. First-time buyers taking advantage of this deal can now benefit from a fee-free five-year fix at a rate of 5.39%.
Accord has also extended product end dates to 31st January.
Aidan Smith, product manager for mortgages at Accord Mortgages, said: “We’re always looking for ways to improve the value we offer to our brokers and their clients, which is why I’m delighted to introduce this range refresh, especially focussing on the help we can offer to borrowers with the lowest deposit, who may be looking to get onto the property ladder for the first-time.”
