Accord unveils two fixed rates with no-front fee

The lender is offering a 2-year fix at 1.66% to 65% loan-to-value and a 5-year fix at 2.24% to 75% LTV.

Accord unveils two fixed rates with no-front fee

Accord Mortgages has launched two fixed rate mortgages with no upfront fee.

The lender is offering a 2-year fix at 1.66% to 65% loan-to-value and a 5-year fix at 2.24% to 75% LTV.

Both mortgages come with free standard valuation and free legal fees.

David Robinson, national intermediary sales manager at Accord, said: “It is proving to be a popular time for borrowers to remortgage at the moment, especially those seeking lower loan-to-value deals.

“We believe that our new remortgage options will prove popular amongst borrowers and the options across the different terms, plus the additional features, will help brokers to choose the best loan to suit their clients’ requirements.”

The lender has also reduced some 65%, 75% and 80% LTV fixed rate mortgages by up to 0.10%.

Highlights for remortgagors include a 1.33% 2-year fix and a 1.89% 5-year fix both at 65% LTV with a £995 fee, both with a free standard valuation and free legal fees.

Available at 75% LTV is a 3-year fix at 1.99% which has no upfront fee and also comes with free standard valuation and free legal fees.

Accord has reduced the rate on its 2-year base rate tracker at 65% LTV by 0.05% to 1.24%.

This mortgage gives borrowers flexibility to exit their mortgage early without paying any early redemption fees.