Accord Residential has cut rates on selected house purchase and remortgage products as well as increasing the cashback on products within its Help to Buy range.
For clients looking for longer term, higher loan-to-value products, highlights of range include:
For house purchases
- A five-year fixed rate of 2.06% (was 2.09%) at 85% LTV with £495 fee, £500 cashback and free valuation
- A five-year fixed rate of 2.41% (was 2.43%) at 90% LTV with £495 fee, £1,000 cashback and free valuation
For remortgages
- A five-year fixed rate of 2.07% (was 2.08%) at 85% LTV with £495 fee, £500 cashback and free valuation
- A five-year fixed rate of 2.42% (was 2.46%) at 90% LTV with £495 fee, £1,000 cashback, free valuation and free legal services
The intermediary lender has also increased its cashback offering by £250 on five-year Help to Buy products. A five-year fixed-rate at 1.93% with a £995 fee now offers £750 cashback (was £500) and free valuation.
Jemma Anderson, Accord product manager said: “As part of our ongoing review, we’ve cut rates on a broad range of products to offer brokers more choice.
“We’ve also increased the cashback offering on the five-year Help to Buy products, so anyone planning on taking advantage of the scheme before the transition next year has an added incentive.”