The lender is also offering a 2.39% deal at 85% LTV, with both mortgages offering £250 cashback on completion, a free standard valuation and a £995 product fee.
Accord Mortgages has reduced fixed rate mortgages by up to 0.24%, as the lender is offering a 5-year fix at 2.20% to 80% loan-to-value.
The lender is also offering a 2.39% deal at 85% LTV, with both mortgages including £250 cashback on completion, a free standard valuation and a £995 product fee.
Borrowers can also opt for a 3-year fix at 2.37% to 90% LTV for buyers and remortgagors with a £995 fee.
David Robinson, Accord’s national intermediary sales manager, said: “We are sure the new rates will prove attractive to brokers and borrowers, and we are keen to offer mortgages that deliver value for money to our customers with features like cashback on completion.
“The 5-year rate reductions will appeal to borrowers looking for the security of fixing their mortgage repayments to a competitive rate for a longer period.”
Accord has also launched a 2.76% 3-year fix at 90% LTV option for homebuyers which comes with no up-front fees plus £250 cashback on completion and free standard valuation.
