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Accord cuts rates and introduces three-year fix

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  • 03/08/2017
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Accord cuts rates and introduces three-year fix
Accord Mortgages is reducing rates at most loan-to-value (LTV) levels on its fixed-rate products and introducing a three-year loan at 85% LTV.

The intermediary-only lender, which is part of Yorkshire Building Society, has reduced rates across its 65%, 75%, 80%, 85% and 90% LTV ranges by up to 0.12%.

The new product and rates will be available from 4 August.

Deals include a two-year fixed rate at 1.37% at 65% LTV for house purchases, with a £995 product fee.

A fee-free three-year fixed rate mortgage at 2.29% at 85% LTV for home purchases has also been launched.

Both mortgages come with £500 cashback on completion and free standard valuation.

There is also a five-year fixed-rate loan at 2.12% for house buyers and remortgage customers at 85% LTV with a £995 fee.

Accord national intermediary sales manager David Robinson (pictured) said: “By making these reductions and launching mortgages, we are increasing the choice brokers can offer their clients.

“As well as the product we’ve launched today, we also have mortgages with no upfront fees for those who want to minimise the costs of moving or remortgaging.”

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