Accord has reduced rates by up to 0.09 per cent on selected five-year fixed term products.
Among the reductions, those looking to purchase with a 40 per cent deposit can now get a fee-free five-year fixed rate of 2.33 per cent (was 2.42 per cent) with £500 cashback and free valuation.
Landlords wanting to remortgage have access to the same fee-free rate at 60 per cent loan to value (LTV) and can choose between £250 cashback and free legals and free valuation, or £500 cashback and free valuation.
The intermediary lender is also launching two new fee-free products at 65 per cent LTV for both house purchase and remortgage customers.
The five-year fixed rate products, with an interest rate of 2.57 per cent, come with £500 cashback and free valuation.
Simon Garner, product manager at Accord, said: “As longer term fixes become more desirable, we’re improving our five-year product range to ensure we’re offering brokers competitive rates for their clients.”
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS
