Mortgages

Accord launches new 10-year fixed rate

The lender has also reduced 90% and 95% LTV rates by up to 0.10%.

Rozi Jones
|
20th March 2019
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"It’s a pretty uncertain time at present, so we’re delighted to launch the new 10-year fixed rate "

Accord Mortgages has launched a new 10-year fixed rate and reduced rates on its 90% and 95% LTV products.

The 10-year fix is available for purchase and remortgage at 2.49% up to 75% LTV with free standard valuation and a £495 product fee.

The lender has also reduced 90% and 95% LTV rates by up to 0.10%.

New 90% LTV rates include a five year fixed-rate at 2.53% with £1,000 cashback, free standard valuation and £495 product fee.

95% LTV products include a two-year fixed rate at 3.12% and a five-year fix at 3.42%, both with £1,000 cashback, free valuation and a £495 fee.

Jemma Anderson, mortgage manager at Accord Mortgages, said: “It’s a pretty uncertain time at present, so we’re delighted to launch the new 10-year fixed rate which we hope will offer brokers with clients seeking stability a product which enables them to manage their longer term finances.

“We’re continually reviewing the range based on broker feedback and as a result, to assist borrowers with a smaller deposit we’ve improved our higher LTV rates as well as offering £1,000 cashback and free standard valuation to help manage the costs of moving house.”

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