Accord Mortgages has introduced 15 new products and made a number of rate reductions across 75% – 85% LTVs.
The updated range includes seven three-year fixed rate options across 75% to 90% LTVs for both house purchase and remortgages.
Deals include:
- A three-year fixed rate at 1.98% at 75% LTV with £495 fee, £500 cash back and free valuation
- A three-year fixed rate at 3.74% at 90% LTV with £495 fee, £750 cash back and free valuation
There are also eight fee-free purchase and remortgage options being added to the range, at 80% and 90% LTV including:
- For remortgage customers, a five-year fee-free fixed rate at 2.53% at 80% LTV with £250 cash back, free legals and valuation
- For purchase customers, a two-year fee-free fixed rate at 3.95% at 90% LTV with £750 cash back, and valuation
In addition, a selection of rates at 75% to 85% LTV are also being reduced by up to 0.04 percentage points.
- A five-year fixed rate at 1.89% (was 1.92%) at 75% LTV with £995 fee. Available for both house purchase and remortgage customers
- A two-year fixed rate at 2.86% (was 2.90%) 85% LTV with £995 fee. Available for both house purchase and remortgage customers
Jemma Anderson, Accord product manager, said: “Despite the current lockdown, we know the appetite to move house or make home improvements is still strong and with the market remaining open for business, we want to make sure we offer brokers as comprehensive a choice of products as possible.
“By launching the three-year fixed rate at 90% we are providing additional support to those with a low deposit and the fee-free products, which have been incredibly popular to date, help reduce initial costs for those on a budget.”