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Accord makes fee-free mortgages available to brokers

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  • 08/06/2015
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Accord makes fee-free mortgages available to brokers
Accord Mortgages has launched a range of 20 fee-free fixed-rate mortgages with the option of either £250 cashback on completion or free standard legal fees for borrowers.

The intermediary branch of Yorkshire Building Society has made the range of products available, following the launch of a range of fee-free mortgages in May which were available direct only.

Accord’s products, which have no application or product fees, offer free standard valuation and either £250 cashback on completion for house purchases, or free standard legal fees for remortgages only, on a number of two, three and five-year fixed rate mortgages. Fee-free options are available from 75% to 90% loan-to-value.

A £90 mortgage fee payable on redemption of the loan applies.

On Yorkshire Building Society’s direct range of fee-free mortgages, customers are eligible for cash back of up to £1,000.

Jill Evans, managing director of Accord Mortgages, said: “We are very pleased to launch this new range of mortgages in response to feedback from brokers who told us there was significant interest in customers wanting to minimise the costs of buying a home or remortgaging. We hope that they will prove very popular with brokers and borrowers.”

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