Accord Mortgages has made a series of rate reductions by up to 0.31%, on products available to both home buyers and remortgage clients.
Notable reductions include the lender’s 80% loan-to-value (LTV) 5-year fix, cut from 1.88% to 1.80%, and its 85% LTV 5-year fix, cut from 2.33% to 2.17%.
Both deals include a £995 fee, £1,000 cashback and a free standard valuation.
Home buyers with a 10% deposit also have access to deals including a 3-year fix at 2.43% (was 2.73%), which comes with a £495 fee, £500 cashback and free standard valuation.
Jemma Anderson, mortgage manager at Accord Mortgages, said: “We’re delighted to launch this new range, including some market-leading products for brokers and their clients looking to take advantage of the current low interest rate environment.
“These changes offer great competitive value, suiting a variety of customer circumstances and borrowing requirements.
“We hope they will be welcomed by brokers and their clients.”
Rachel Springall, finance expert at Moneyfacts, said: “These new deals from Accord Mortgages may well be popular with borrowers looking for competitive fixed rate incentive package with a trusted brand.
“The combination of rate and generous incentive package of cashback and free valuation secures the five-year fixed rate deals market-leading positions on a true cost basis and are a great addition to the mortgage sector.”