Accord Mortgages is cutting a number of rates across its 85% and 90% loan to value (LTV) range by up to 13bps.
The lender has also introduced new options at 80% LTV.
New 90% LTV deals include the following:
- A two-year fixed rate at 3.35% (was 3.48%) which comes with £495 fee, £750 cashback and free standard valuation
- A fee-free two-year fixed rate at 3.65% (was 3.78%) which comes with £750 cashback and free standard valuation
- A five-year fixed rate of 3.51% (was 3.57%) which comes with £495 fee, £750 cashback and free standard valuation
Accord has also introduced two new products available for both house purchase and remortgage clients requiring 80% LTV.
A two-year fixed rate of 1.99% and a five-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 £2 million, has also been introduced at a rate of 2.74% fixed for two years. Available to both home buyers 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.”