
Accord Mortgages has announced that it is reducing rates across its residential mortgage range up to 90% loan-to-value (LTV), effective tomorrow (Thursday, July 10)
The intermediary-only lender is lowering its two- and three-year fixed rates by 0.06%, and its five-year fixed rates by 0.05%, all up to 90% LTV.
Key product highlights include:
Two-year fixed rate mortgage for house purchase at 4.01% (previously 4.07%) with a £1,495 fee and free standard valuation
Three-year fixed rate for remortgage purposes at 4.44% (previously 4.50%) with a £495 fee, free standard valuation, and a choice between free remortgage legal work or £500 cashback
Five-year fixed rate for house purchase at 4.55% (previously 4.60%) with a £495 fee, £300 cashback, and free standard valuation
Gemma Hyland, mortgage product manager for Accord Mortgages, noted: “We’re delighted to announce a further lowering of our mortgage rates across the majority of our range – the latest example of how we are doing our best to pass on additional value to our brokers and their customers wherever possible.”