Accord Mortgages has cut rates on a range of its residential mortgage products by up to 25bps at 65%, 70% and 75% loan to value (LTV) as part of its 10-day sale.
In addition, a £500 cash back is being offered on two-year remortgage and house purchase products at 65%, 70% and 75% LTV but brokers and customers must act quickly to take advantage of thes offers.
The highlights at 65% LTV include:
- Two-year fixed rate 65% LTV mortgage reduced by 25bps to 1.84% with £845 product fee
- Two-year fixed rate 65% LTV mortgage reduced by 10bps to 2.19% with £500 cashback on completion and £845 product fee
At 70% LTV highlights include:
- Two-year fixed rate 70% LTV mortgage reduced by 22bps to 1.89% with £845 product fee
- Two-year fixed rate 70% LTV mortgage reduced by 10bps to 2.21% with £500 cashback on completion and £845 product fee
All other two-year fixed rate mortgages at 65%, 70% and 75% LTV reduced by 10bps.
All of the changes will be reflected on the equivalent offset products.
David Robinson, national account manager for Accord Mortgages, said: “Accord Mortgages is constantly striving to offer competitive rates across its product range and we feel that these reductions do just that.
“Our ten-day sales have proven popular in the past with brokers and customers. They give brokers certainty over how long the products are available for in a rapidly changing market and provide the opportunity to proactively approach customers to promote these limited availability products.”
