Accord reduces Help to Buy products

Jessica Nangle

September 25, 2019


Accord Mortgages has reduced rates on its Help to Buy range.

The 5-year fixed rate at 60% LTV is now available at 1.93% and for those with a 25% deposit, the 5-year fixed rate is reduced to 1.98%.

Both products come with £500 cashback, free valuation and a £995 product fee.

In addition to the Help to Buy reductions, the lender is offering reduced rates for house purchasing and remortgaging in the 60-85% LTV bracket.

Highlights include a 5-year fixed rate at 1.83% at 75% LTV for remortgage customers with £500 cashback, free valuation and legal service and a £495 product fee.

There is also a 2-year fixed rate at 1.68% at 75% LTV available with £500 cashback, free valuation and £495 product fee.

For customers looking to buy a new property, there is a 5-year fixed rate available at 2.06% at 75% LTV with the same additions as the 2-year remortgage product.

Jemma Anderson, product manager at Accord Mortgages, said: “Since we launched our Help to Buy offering last September, we have been able to give more buyers an opportunity to secure a home they may not have been able to afford previously.

“We’re pleased to be able to offer an even better selection of products for those using the scheme.

“For those clients with a larger deposit or equity stake, we’re also improving our rates across a selection of terms and LTVs to help brokers offer a greater range of options.”

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