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Accord cuts high LTV rates

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  • 20/03/2019
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Accord cuts high LTV rates
Accord Mortgages has reduced the rates on its 90% and 95% LTV mortgage deals.

Selected five-year fixed rates at 90%, as well as two- and five-year deals for borrowers with a five per cent deposit, have been reduced by up to 0.10%.

The range now includes a 90% five-year fix at 2.53% which comes with £1,000 cashback, free valuation and a £495 fee.

Alongside the rate cuts Accord has also launched a new ten-year fixed rate for borrowers with a 25% deposit. The deal comes with a rate of 2.49%, a free standard valuation and a £495 fee. It’s available to both purchase and remortgage borrowers.

Jemma Anderson, mortgage manager at Accord, said that the ten-year deal would give borrowers more stability at an uncertain time.

She added: “We’re continually reviewing the range based on broker feedback and as a result, to assist borrowers with a smaller deposit we’ve improved our higher LTV rates as well as offering £1,000 cashback and a free standard valuation to help manage the costs of moving house.”

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