Accord cuts rates on product transfers

Michael Lloyd

January 2, 2020

Accord Mortgages has reduced interest rates on 24 of its product transfer products by up to 0.10%.

The rates are available from today across 2 and 5-year terms.

At 75% LTV there is a 5-year fix at 2.04% with no fee and a 5-year fix at 1.78% with £495.

There is also a 2-year fix available at 65% LTV priced at 1.43%.

This comes with a £995 fee.

Jane Childs, product manager at Accord, said: “Now, more than ever, homeowners should seek advice when their mortgage term ends.

“These changes ensure we are offering a competitive product range to brokers, with multiple options to suit different client needs.

“We’ve invested a great deal into getting our product transfer process right, ensuring all communication explicitly directs customers to their broker and having an online system which is simple, efficient and takes just a few minutes to complete.”

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