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Accord cuts rates on six two-year fixes
Accord Mortgages has introduced six new two-year fixed rate products, with rates starting from 2.09%.
The intermediary-only lender has launched a two-year fix at 2.09% with a fee of £845 or 2.19% with a fee of £345 for home purchase and remortgage.
Other products include:
• 2.24% for house purchase, with free valuation, cashback of £250 and a fee of £845
• 2.24% for remortgage, with free legal and valuation assistance and a fee of £845
• 2.34% for house purchase, with free valuation, cashback of £250 and a fee of £345
• 2.34% for remortgage, with free legal and valuation assistance and a fee of £345
Jemma Anderson, product manager at Accord Mortgages, said: “These are 65% LTV products but at rates usually only available at the 60% level.
“Expanding the breadth of mortgages we offer demonstrates how we listen to brokers’ needs and provide an even wider choice of competitive products.”
Elsewhere, Abbey for Intermediaries is to offer a 10-year fixed rate product at 3.94% from tomorrow, Friday 14 June. The lender will offer the product on all mortgages up to 60% LTV, with a fee of £995, for both home buyer and remortgage customers.
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The product follows Barclays’ launch of a 10-year fix at 3.89% last week, although that product has a higher application fee.