New fixed rate mortgages available from Accord

Jessica Nangle

March 1, 2017

Accord Mortgages has launched a selection of competitive fixed rate mortgages for borrowers with a 35% deposit.

The products available include a 2-year fix at 1.41%, or a 1.99% 5-year fix both coming with a £995 product fee, £250 cashback on completion, and fee standard valuation.

The new 65% loan-to-value (LTV) range includes short and longer-term options to suit different borrowers’ circumstances with added features such as cashback, free standard valuation or free legal fees.

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David Robinson, national intermediary sales manager at Accord, said: “By refining our product range, we have a greater ability to ensure our core mortgages remain competitive and appealing to borrowers.

“However, as always we will monitor the market and listen to brokers to ensure our product range continues to meet a variety of customer needs.”

For remortgaging there is either a 1.39% 2-year fixed rate mortgage or 5-year fix rate at 1.99% both with a £995 product fee which borrowers will also receive fee standard valuation with.

This announcement comes after Accord released a range of lower LTV mortgages including a 2-year base rate tracker at 1.29% with a £995 product fee.

Accord also made rate reductions by up to 0.25% and made a 2.99% 5-year fix at 85% LTV available to both home buyers and remortgage customers with no upfront product fee.

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