Accord Mortgages has withdrawn its current product range and will replace it at 9am on Friday 30 July.
The new range will feature extended product end dates as well as rate cuts on selected products at higher loan-to-values (LTVs), with an average rate reduction of 0.05 percentage points on the core range.
Highlights of the new range include:
- A two-year fixed rate at 2.35% (was 2.39%) at 85% LTV, available for house purchase, which comes with a £495 fee, £500 cashback and free standard valuation
- A five-year fixed rate at 2.52% (was 2.58%) at 85% LTV, available for house purchase, which comes with a £495 fee, £500 cashback and free standard valuation
- A five-year fixed rate at 3.14% (was 3.25%) at 90% LTV, available for remortgage clients, which comes with a £495 fee, £1000 cashback, and free standard valuation
Clients with a 5% deposit looking to remortgage also have access to new deals including a five-year fix at 3.67% (was 3.71%), which comes with a £495 fee, £750 cashback, free remortgage legal service and free standard valuation.
Jemma Anderson, mortgage manager at Accord Mortgages, said: “We’re pleased to offer this new range which offers even better value, especially for those with a smaller deposit. We hope that it will appeal to brokers and their clients looking for the best option to suit their individual requirements.”