Accord Mortgages has launched a new 1.25% 2-year fix rate products for those looking to borrow up to 65% loan-to-value.
Accord has also cut the rates on 2-year fixes across its 65%, 75%, 80% and 85% LTV bands by up to 0.10%.
David Robinson, national intermediary sales manager at Accord, said: “Our new 65% LTV home loan is the third new lower loan-to-value mortgage we have launched in the last 10 days.
“We’re pleased to have made further reductions on our two-year fixed rate mortgage range. Many borrowers are looking for competitive short-term fixes at the moment, so our new offerings should appeal to borrowers with differing budgets.”
Highlights of the reduced rates include a 1.83% two-year fix at 75% LTV for house buyers which has no upfront fee and the additional features of £250 cashback on completion and free standard valuation.
On the remo side customers can benefit from a 1.47% two-year fix at 80% LTV with a £995 fee, plus £250 cashback on completion and free standard valuation.