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Accord Mortgages lowers mortgage rates

  • 21/08/2015
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Accord Mortgages lowers mortgage rates
Mortgage lender Accord has cut rates on products across its range.

Borrowers with a 20% or 35% deposit will have access to the new range, with rates starting from 1.64%. Cashback and free valuations are also included with these discounted products.

The lender has also reduced rates across its whole two-year fix range for borrowers with a 10% deposit.

New products include:

– 1.64% two-year fixed rate mortgage at 65% loan-to-value (LTV) with a £345 product fee
– 1.89% two-year fixed rate mortgage at 80% LTV with a £345 product fee
– 1.99% three-year fixed rate mortgage at 65% LTV with a £845 product fee
– 2.34% three-fixed rate mortgage at 80% LTV with a £845 product fee

All of its new deals come with an offer of £250 cashback on completion, plus free standard valuation.

David Robinson, national intermediary sales manager at Accord, said the deals would prove popular with borrowers looking to fix their mortgage.

“We hope that the combination of competitive short-term rates, and the added incentive of cashback on completion and free standard valuation will benefit borrowers looking to buy a new home,” he said.

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