Accord Mortgages has withdrawn its current range and will replace it at 9am on Monday 16 August.
The updated range will feature rate cuts of up to 0.40 percentage points on selected products at 75% loan to value (LTV) and above.
New deals include the following:
- A fee-free two-year fixed rate at 2.87% (was 3.27%) at 90% LTV, available for home buyers, which comes with £500 cashback and free standard valuation.
- A two-year fixed rate at 3.28% (was 3.56%) at 95% LTV, available for house purchase, which comes with a £495 fee, £500 cashback and free standard valuation.
- A two-year fixed rate at 1.91% (was 1.93%) at 80% LTV, available for house purchase and remortgage, which comes with a £995 fee, £1000 cashback and free standard valuation.
Clients looking for a longer initial fixed term can access deals including a fee-free five-year fix at 3.08% (was 3.29%) for remortgaging with a 10% deposit, which comes with £250 cashback, free remortgage legal service and free standard valuation.
There are no changes to Help to Buy or new build products at 90% LTV, but the lender has reduced cashback on selected products at 90% and 95% LTV.
Jemma Anderson, mortgage manager at Accord Mortgages, said: “These latest changes offer brokers and their clients better value, especially for those looking to secure a mortgage with a smaller deposit.”
