Mortgage News
Accord reduces fixed mortgage rates
Accord has cut select fixed-rate mortgages by up to 0.29% for borrowers with deposits of 25%, 20% and 15%.
The lender, which is part of Yorkshire Building Society Group, is now offering a two-year fixed rate of 1.69%, with a £495 product fee, for home-movers and remortgagers borrowing at 75% loan-to-value (LTV).
Brokers with clients who want to remortgage with lower upfront costs can secure a 1.80% rate, fixed for two years, with a £495 product fee and £250 cashback on completion.
A free standard valuation and free standard legal fees are also offered.
Jemma Anderson, residential mortgage manager for Accord (pictured), said that the lender has made some competitive additions to its mortgage range to offer all borrowers options.
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“The new range includes options which keep the upfront costs low, including additional features, such as cashback and free standard valuations. We hope the new range will help brokers and their clients to secure the right mortgage for them.”