Accord Mortgages has re-entered the market and launched a range of residential mortgages.
Accord was one of the lenders to temporarily withdraw from the market due to economic uncertainty following the Chancellor’s mini Budget.
Today, the lender has resumed business and launched two and five-year fixes, available up to 85 per cent loan to value (LTV).
This includes a five-year fix at 75 per cent LTV, which has a rate of 5.95 per cent and an equivalent at 85 per cent LTV with a rate of 6.05 per cent. Both come with a £995 fee and are available for house purchase or remortgage.
There is also a two-year fix at 75 per cent LTV which is priced at 6.15 per cent. This has a £1,495 fee and is available for house purchase or remortgage.
‘Plan to introduce more products soon’
Jeremy Duncombe (pictured), managing director at Accord Mortgages, said: “In what remains a volatile market, our primary focus has been to return to lending to give brokers and their clients choice in a way that is responsible for both borrowers and the organisation, while protecting service levels.
“This means that initially our range is slightly smaller than normal, but we plan to introduce more products, including buy-to-let, soon.”
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
