Accord, the intermediary lending arm of Yorkshire Building Society, is also reducing selected fixed rate products at 85% LTV by up to 0.15% and 90% LTV by up to 0.20%.
The attractive new 80% LTV products include a 2.84% two year fixed rate mortgage for remortgage customers, with a £995 fee, and free valuation and free legal fees. An equivalent product at the same rate comes with a different package of incentives for home buyers.
Among the rates reduced is a two year fixed rate 90% LTV mortgage for home buyers at 4.44% (formerly 4.64%), with a £995 fee, free valuation and £250 cashback.
Accord Mortgages Product Manager Jemma Smith said:
“Following the popularity of the 80% LTV products in our 10-day sale last month, we decided to launch more."
“Combined with the rate cuts to other higher LTV products, we are confident brokers and customers will respond positively to the competitive rates and this increased choice we are offering.”