Accord launches lowers fees and rates at 90pc
The range of products carry a £495 fee for residential mortgages at 75%, 85% and 90% LTV.
Toni Roberts, Accord Mortgages product manager, said: “We constantly listen to brokers and respond to their needs and there is a clear demand for competitive low-fee mortgages.
“With the new products we have introduced and the rate reductions at 90% LTV we are cutting costs for borrowers with smaller deposits and for those who require lower upfront charges.”
The low-fee products include: 2.89% 2-year fixed rate mortgage at 75% LTV, 3.39% 5-year fixed rate mortgage at 75% LTV and 4.94% 2-year fixed rate mortgage at 90% LTV.
And the mortgages feature cashback of up to £250, free legal assistance and free valuation incentives plus offset variants of selected products.