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Accord cuts rates on 85% LTVs

by: Mortgage Solutions
  • 02/09/2011
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Accord cuts rates on 85% LTVs
Accord Mortgages has cut up to 0.45% from the cost of its 85% loan-to-value (LTV) fixed rate deals.

It will now be offering a two-year fixed rate at 3.74% with a £995 fee and a five-year fixed rate at 4.64% with a £995 fee. Both deals are available up to 85% LTV.

Accord has also cut the rates on its 75% LTV products by up to 0.25%.

Steve McAvan, group intermediary product manager for Accord, said: “Recent movements in swap rates have given us the opportunity to shave the rates on our fixed rate deals.

“Our new range still includes offset options, products suitable for first-time buyers and our popular ‘tracker to fixed’ hybrid deals, ensuring we provide brokers with a broad range of competitive products to suit the needs of their clients whilst still providing some of the best rates on the market.”

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