Accord Mortgages has launched a range of five-year fixed rate mortgages for borrowers looking to remortgage.
The products available include a 2.24% five-year fixed rate mortgage at 75% LTV, and a 2.6% five-year fixed rate mortgage at 85% LTV. The fee for each mortgage is £845, with £250 cashback on completion and free standard valuation.
In addition the intermediary-only lender, which is part of Yorkshire Building Society Group, has made reductions on selected two-year fixed rate remortgage products by up to 0.15%.
Jemma Anderson, product manager at Accord, said: “We are sure the new rates will prove attractive to brokers and borrowers, and we are keen to offer value for money to our customers with incentives like cashback on completion.
“The five-year rate reductions will appeal to borrowers looking for the security of fixing their mortgage repayments to a competitive rate, especially during this time of economic uncertainty.”