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Accord cuts rates on high LTV resi products

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  • 27/11/2019
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Accord cuts rates on high LTV resi products
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.” 

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