Accord Mortgages to make rate reductions of up to 0.18%

Ryan Fowler

March 29, 2021

Accord Mortgages is set to make rate reductions of as much as 0.18% across a range of loan-to-values (LTVs).

For purchase only the intermediary-only lender will now be offering a 2-year fixed-rate at 2.28% (down from 2.46%) at 80% LTV, which comes with a £495 fee, £500 cashback and free standard valuation.

It will also offer a 5-year fixed-rate at 1.85% (which was previously 1.87%) at 75% LTV, which again comes with a £495 fee, £500 cashback and free standard valuation.

For both house purchase and remortgaging, products include a 2-year fixed-rate at 2.07% (was 2.25%) at 80% LTV and a 2-year fixed-rate at 2.59% (which was 2.72%) at 85% LTV, both come with a £995 fee.

Jemma Anderson, mortgage manager at Accord Mortgages, said: “We’re really pleased to be able to offer further reductions to our residential range, offering more competitive choice to brokers and their clients.

“With a range of LTV and initial fixed-rate term options, as well as a variety of benefits including cashback and free standard valuation, we hope these changes will benefit brokers and their clients.”

The revised range launches on Wednesday 31 March.

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