Accord Mortgage cuts two-year fixed rates

Robyn Hall

March 24, 2011

The new deals include the following market leading rates for those with a 25% deposit or equity in their home:

• Two year fixed rate at 3.44% with a £495 fee

• Two year fixed rate at 3.24% with a £1,995 fee

Both deals are available for house purchase and remortgage and the range includes products with incentives including free legal assistance and free valuation.

Products for borrowers with a 15% deposit or equity in their home have also been cut by 0.20% and offset versions are available.

Steve McAva, Accord’s group intermediary product manager, said: “Recent swap rate activity has given us the opportunity to re-price our two year fixed rate products and offer brokers an even more competitively priced range of options to suit the needs of their clients.”

All Accord mortgage products allow up to 10% overpayments per year and are fully portable.

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