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Accord reduces rates on products up to 90% LTV

Jake Carter

March 24, 2021

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Accord Mortgages has reduced selected rates across its 85% and 90% loan-to-value (LTV) range by up to 13bps.

It has also introduced new options at 80% LTV.

A 90% LTV 2-year fixed rate has been reduced from 3.48% to 3.35%. This comes with a £495 fee, £750 cashback and free standard valuation.

A 90% LTV 5-year fix has been cut from 3.57% to 3.51%, with a £495 fee, £750 cashback and free standard valuation

The intermediary-only lender has also introduced two products available for both house purchase and remortgage clients requiring 80% LTV.

A 2-year fixed rate of 1.99% and a 5-year fix of 2.20% are available, both of which come with a £995 fee, £300 cashback and free standard valuation.

A large loan product, at 85% LTV and available up to £2m, has also been introduced at a rate of 2.74% fixed for 2-years. Available to both homebuyers and those remortgaging, it comes with a £995 fee, £300 cashback and free standard valuation.

Jemma Anderson, mortgage manager at Accord, said: “We’re pleased to have been able to make a number of reductions in our higher LTV mortgage range, giving brokers and their clients with smaller deposits more choice.

“We’ve also added new home loan options at 80%, giving both house purchase and remortgage customers short and longer-term fixed alternatives.”


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