The intermediary-only specialist lender Accord Mortgages has released a range of discounted standard variable rate (SVR) mortgages to give brokers increased choice.
Buy-to-let rates start at 2.15 per cent for a two-year term at 60 per cent loan to value, based on a discount of 2.84 per cent on the lender’s SVR. The SVR is currently 4.99 per cent.
For residential products, variable rates start from 2.14 per cent at the same LTV.
Residential customers can access a fee-free discounted variable rate of 2.21 per cent at 75 per cent LTV and a discounted variable rate of 2.34 per cent at 85 per cent LTV with a £495 fee and £500 cashback.
Products are available for purchase and remortgage and come with a free standard valuation. Cashback and Accord’s remortgage legal service is also available.
Simon Garner (pictured), mortgage manager at Accord, said: “We’re pleased to reintroduce our discounted standard variable rate mortgages, now with additional incentives, to give brokers more choice when advising both residential and landlord clients.
“These products provide a lower initial rate than our equivalent fixed rate products and with the additional features, could provide great value options for brokers and their clients.”
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
