Accord Mortgages launches 15-year fix

Michael Lloyd

August 27, 2019

Accord Mortgages has launched a 15-year fixed rate mortgage for purchases and remortgages.

The rate at 2.89% is available at 75% LTV. It comes with free valuation and a £495 product fee.

Jemma Anderson, product manager at Accord Mortgages said: “Customer needs are changing and for borrowers looking to purchase or renew their home loan, securing a fixed rate for longer can provide peace of mind.

“We are launching the 15-year fixed rate to offer additional longer-term options for brokers to discuss with their clients, ensuring they can find the best product for their circumstances.”

Yorkshire Building Society, of which Accord Mortgages is a part of, has also launched a range of 15 year mortgages today, including the same fixed rate of 2.89% for borrowers needing 75% LTV.

Accord now offers 5, seven, 10 and 15-year fixed rate products.

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