Accord Mortgages is reducing rates across its whole mortgage range.
Reductions of up to 0.40 percentage points are being made on fixed rate products at 75%, 85% and 90% LTV levels from 7 January.
New rates include:
- Two year fixed rate at 75% LTV at 2.49%, with £1,995 fees
- Two year fixed rate at 75% LTV at 2.69%, with £495 fees
- Three year fixed rate at 90% LTV at 4.84%, with £1,995 fees
- Three year fixed rate at 90% LTV at 4.94%, with £995 fees
- Five year fixed rate at 75% LTV at 3.04%, with £1,995 fees
- Five year fixed rate at 75% LTV at 3.24%, with £495 fees
- Five year fixed rate at 90% LTV at 4.64%, with £1,995 fees
Offset alternatives of each are available with a rate 0.20% higher than their non-offset equivalents.
Incentives including cashback on completion of up to £250, legal fee and valuation assistance are also available on selected products.
Toni Roberts, Accord Mortgages’ product manager, said: “There continues to be a great deal of movement within the market and as we always want to ensure we offer the most competitive products possible we have reduced rates across almost our entire range.
“Allied with the strong emphasis we place on excellent customer service, we believe these new rates will prove very popular and will get 2013 off to a great start for brokers and their customers.”