Accord has increased the cashback offered on its range of 95% loan-to-value (LTV) remortgage products.
Borrowers looking for a 5-year fixed rate can now get £750 cashback on a 95% LTV remortgage product at a rate of 3.73%, with free valuation and a £495 product fee.
Jemma Anderson, product manager at Accord Mortgages said: “As one of the few lenders to offer 95% LTV remortgage options we’ve had a positive response from intermediaries and have updated the range to ensure we continue to offer great value and choice to those looking for lower equity products.”
Alternatively, those remortgaging with 5% equity could choose a 5-year fix at 3.79% with £500 cashback, free legals, free valuation and no product fee.
In addition, selected 5-year fixed rates have been reduced by up to 0.11% and selected 3-year fixed rates reduced by up to 0.05%. All products in the Accord range have had the end dates extended to 31 January.