Accord cuts residential rates

Its 65% loan-to-value 2-year fix now stands at 1.37% with a £995 product fee.

Accord cuts residential rates

Accord Mortgages has cut residential rates across a range of loan-to-values.

Its 65% loan-to-value 2-year fix now stands at 1.37% with a £995 product fee.

And the lender launched a 3-year fix at 2.29% to 85% LTV.

David Robinson, national intermediary sales manager, said: “We always try to offer brokers and borrowers a range of options and good, long-term value for money.

“By making these reductions and launching mortgages, we are increasing the choice brokers can offer their clients.

“As well as the product we’ve launched today, we also have mortgages with no upfront fees for those who want to minimise the costs of moving or remortgaging.”

Both mortgages come with £500 cashback on completion and free standard valuation.