Accord Mortgages is adding new 80% LTV products to its fixed rate mortgage rates.
The intermediary lending arm of Yorkshire Building Society is also cutting selected fixed rate products at 85% LTV by up to 0.15 percentage points and 90% LTV by up to 0.20 percentage points.
The new 80% LTV products include a 2.84% two-year fixed rate mortgage for remortgage customers, with a £995 fee, and free valuation and free legal fees. An equivalent product at the same rate comes with a different package of incentives for home buyers.
Among the rates reduced is a two-year fixed rate 90% LTV mortgage for home buyers at 4.44% (formerly 4.64%), with a £995 fee, free valuation and £250 cashback.
“Following the popularity of the 80% LTV products in our 10-day sale last month, we decided to launch more,” said Accord Mortgages’ product manager Jemma Smith.
“Combined with the rate cuts to other higher LTV products, we are confident brokers and customers will respond positively to the competitive rates and this increased choice we are offering.”