Mortgage News
Accord cuts rates by 0.30% on two-year range
Accord Mortgages, the intermediary arm of Yorkshire Building Society, has cut up to 0.30% from its two-year tracker and fixed rate mortgages available up to 90% LTV.
The revised range includes a two-year tracker at 2.99%, available up to 75% and a two-year fix at 3.19%, available up to 75%. Both deals include a fee of £995.
It has also included a two-year fixed rate at 5.29%, available up to 90% LTV. The deal has a fee of £995 and incentive option including £250 cashback and free valuation for house purchase.
The products are fully portable and allow for overpayments of up to 10%.
Martin McIntosh, Accord product manager said: “There has been a large amount of movement within the market in the past few weeks but much of it will mainly benefit buyers with larger deposits. By making cuts at the 90% LTV level as well as 65% and 75%, we are broadening the options for those who need to borrow more such as first-time buyers.
“When you consider the other assistance available on some products like free legal assistance, free valuations and cashback on completion, we think we have a strong offer for those who are taking their first steps on to the property ladder.”
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