Accord Mortgages has reduced rates across its 90% and 95% LTV range.
For remortgage customers, as well as rate reductions, cashback on selected 95% LTV products has been increased on both 2 and 5-year fixed rates.
At 95% LTV the 2-year fix with a £495 fee, which previously was offered with £750 cashback, had its rate cut from 3.26% to 3.22%.
Within the same range the 5-year fix with the same £495 fee, which previously came with £500 cashback, saw its rate drop from 3.59% to 3.29%.
At 95% LTV the fee-free 5-year fix which previously came with £500 cashback, saw its rate cut from 3.69% to 3.49%.
All of these products come with a free valuation and free legals and have had their cashback increased to £1,000.
Jemma Anderson, product manager, Accord, said: “Whether you are starting the year with a house purchase, or looking to remortgage an existing property, these changes should offer customers wanting to make the most of their finances in 2020 a range of options.
“We know brokers are looking for additional benefits, so we have improved cashback on selected products.”
At 90% LTV for remortgages, there is a 2-year fix rate at 2.38% with free legals, whereas for purchases there is a 2-year fix at 2.34% cut down from 2.39%.
These products come with a free valuation, £1000 cashback and £495 fee.
For first-time buyers, the 2-year fixed rate at 90% LTV has now been reduced from 2.39% to 2.34%.
This comes with a free valuation, £495 fee and £1,250 cashback.