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