Accord Mortgages reduces rates on 80% to 85% LTV range

Jake Carter

July 1, 2021

cut rates

Accord Mortgages has improved selected products in its 80% to 85% loan-to-value (LTV) ranges.

Launching tomorrow, and available for both purchase and remortgage, highlights of the revised range include an 85% LTV 2-year fix cut from 2.35% to 2.28%.

An 85% LTV 5-year fix has been cut from 2.64% to 2.57%, an 80% LTV 2-year fix is now at 1.97% and an 80% LTV 5-year fix is 2.16%.

The above all come with a £995 fee, free standard valuation and £1,000 cashback.

The intermediary-only lender has also reduced rates by up to 0.14% on selected products in the range, including a 5-year fixed rate of 2.61% remortgage, which comes with a £495 fee, £500 cashback and free standard valuation.

Jemma Anderson, mortgage manager at Accord Mortgages, said: “We’re committed to providing competitive mortgage options for brokers and their clients, and these latest changes reflect that.

“We’ve refreshed the range to improve a number of selected products at 80 and 85% LTV, and hope the combination of reduced rates and increased cashback will create more choices to meet varying customer needs.”

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