Accord Mortgages is reducing rates by up to 10 basis points on selected 90 per cent and 95 per cent loan to value (LTV) residential products.
For house purchases, the reductions include a cut to its 90 per cent LTV two-year fee-free fixed rate at from 2.72 per cent to 2.67 per cent with free valuation and £1,000 cashback.
Its 95 per cent LTV two-year fee-free fixed rate product has been reduced from 3.46 per cent to 3.39 per cent with free valuation and £1,000 cashback.
For remortgage customers, the rates include the 90 per cent LTV two-year fee-free fixed rate has been reduced from 2.79 per cent to 2.70 per cent with free valuation, free legals and £1,000 cashback.
Furthermore, its 95 per cent LTV five-year fixed rate has gone down to 3.59 per cent from 3.69 per cent and comes with a £495 fee, free valuation, free legals and £500 cashback.
Jemma Anderson (pictured), Accord product manager, said: “We’ve seen a positive response from brokers for the new higher LTV products launched earlier this month, so have made reductions on a number of products to ensure we remain competitive and offer real support to those with smaller deposits or equity.”
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
