Accord Mortgages unveils fee-free deals

mortgage product fees

Accord Mortgages has launched a range of 20 fee-free fixed-rate mortgages with either £250 cashback on completion or free standard legal fees.

The deals are aimed at customers who want to minimise the upfront costs of moving home or remortgaging.

The Yorkshire Building Society intermediary-only lender has launched the mortgages, which have no application or product fees, free standard valuation and either £250 cashback on completion for house purchases or free standard legal fees for remortgages, across a range of loan-to-value (LTV) tiers, with the option to fix for two, three or five years.

At 65% LTV, borrowers can choose either a rate of 1.79%, fixed for two years, or 2.59%, fixed for five years, while customers with an 85% LTV can get a two-year fixed rate at 2.59%.

Fee-free options are also available at 75%, 80% and 90% LTV tiers. All mortgages in the fee-free range have no application or product fees, free standard valuation and either free legal fees for remortgages or £250 cashback on completion for house purchases.

Jill Evans, managing director of Accord Mortgages, said: “We are very pleased to launch this new range of mortgages in response to feedback from brokers who told us there was significant interest in customers wanting to minimise the costs of buying a home or remortgaging. We hope that they will prove very popular with brokers and borrowers.”

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