The lender has also launched a selection of remortgage home loans.

These include a 1.65% two-year fixed-rate mortgage at 85% LTV with a £495 fee and £500 cashback on completion and a five-year fix at 65% LTV at 1.97% with no product fee and £250 cashback on completion.

Both offers include free standard valuation and free legal fees.

Accord national intermediary sales manager David Robinson said: “We know that borrowers appreciate additional extras to manage the upfront costs of taking out a mortgage, so we have peppered our range with incentivised features.”