Accord revamps higher LTV range
Accord has reduced its 2-year fixed rate mortgages, which now start from 3.89%, and extended customer choice by introducing 5-year fixed rate products starting from 4.39%.
Highlights include a 3.89% 2-year fixed rate mortgage at 90% LTV for house purchase and remortgage with £1,845 completion fee, a 4.14% 2-year fixed rate mortgage at 90% LTV with £345 completion fee and a 4.39% 5-year fixed rate mortgage at 90% LTV for house purchase and remortgage with £1,845 completion fee.
Jemma Anderson, product manager at Accord Mortgages, said: “Our rates for short term fixed rate mortgages at 90% LTV were already competitive and we’ve reduced these to improve our offering to customers with smaller deposits,”
“We’re also improving choice for customers who are seeking longer-term products at 90% LTV.
“The range includes offset options to enable borrowers to make use of their savings to bring down their monthly repayments or reduce the term of their mortgage.”