Accord will now accept Universal Credit as a source of income when assessing affordability.

The biggest reductions are to two-year fixed rates, with other products in the range seeing increases of up to 0.17%.

Accord is also extending end dates to 30th November.

The Alliance has been established to support, represent and advocate for LGBT+ colleagues, brokers and their clients.

The changes cover purchase and remortgage products up to 75% LTV.

Accord will now lend up to 5.5 times income to first-time buyers at 95% LTV.

Residential mortgage rates now start from 4.01%.

Accord Mortgages will tomorrow reduce rates on a number of products in its residential mortgage range.

The lender has reduced purchase and remortgage rates.

The intermediary-only lender is also extending 95% LTV lending to new builds.