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Accord reduces rates

Jessica Nangle

February 14, 2020

Accord Mortgages has lowered rates on a selection of residential fixed rate products.

At 90% LTV, reductions include a 2-year fixed rate now at 2.02% which comes with a £995 fee and is available for both house purchase and remortgage clients.

For house purchasers wanting a larger loan, there is a 2-year fixed rate at 90% LTV which is now 2.16% with £995 fee, £500 cash back and free valuation.

There is also a 5-year fixed rate at 90% LTV which is now 2.40%.

Both products are available up to a loan size of £600,000.

For remortgage customers there is a 5-year fixed rate at 90% LTV which has the same £600,000 maximum loan size, is now 2.41% with a £995 fee, £500 cash back, free legals and free valuation.

Rates on longer term products have also been reduced for both house purchase and remortgage clients, including a 15-year fixed rate at 75% LTV now at 2.77% which comes with a £495 fee and free valuation.

Jemma Anderson, product manager at Accord, said: “It’s been a positive start to the year, so we reviewed our range to ensure we’re offering a competitive mix for brokers.

“We’ve reduced rates on a selection of longer terms, higher LTVs and our larger loan products so whether it’s a client who has decided to purchase now things are more settled, or looking to remortgage for a better deal, we hope brokers will benefit from the increased choice.”


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