Michael Lloyd

September 13, 2019

Accord Mortgages has reduced rates across its house purchase and remortgage product range.

Within the house purchase range, rates have been reduced by up to 0.32%.

Buyers with a 25% deposit can get a 5-year fixed rate at 1.90% with £500 cashback, free valuation and £495 product fee.

Jemma Anderson, product manager at Accord Mortgages, said: “In such a volatile market, it’s understandable that clients, either starting on the property ladder or approaching the end of their existing term, may be undecided as to what to do next.

“Brokers are best placed to offer advice and with rate reductions, a variety of term lengths and enhanced benefits like cashback and free valuation, there are now even more options available when trying to find the right product.”

Also within the purchase range are two 2-year fixes, one product at 80% LTV which was reduced from 1.99% to 1.87% and one product at 85% LTV which was cut from 2.08% to 1.94%.

Both offerings come with a £500 cashback, free valuation and £495 product fee.

Within the 2-year fixed remortgage rate at 75% LTV there is a 1.70% product available cut down from 1.92% which comes with a £495 product fee.

Products without a product fee within the same range include a 1.99% rate at 80% LTV which comes with £250 cashback, free valuation and free legals.

At 85% LTV there’s a 2.09% 2-year fixed rate remortgage, down from 2.39% which comes with £500 cashback, free valuation and no product fee.

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