Intermediary-only lender Accord Mortgages is reducing rates again this week across its residential mortgage range by up to 0.20%.
From 9am on Wednesday (9th November), the lender will cut selected rates across a number of loan-to-values (LTVs) starting from 75%, including reductions of up to 0.16% at 95% LTV.
Highlights of the new range include a 3-year fixed rate of 5.80% (was 5.95%) at 75% LTV, which comes with a £995 fee, £500 cashback and standard valuation, available for house purchase.
There is also a 2-year fixed rate of 5.93% (was 6.13%) at 85% LTV, which comes with a £995 fee, £500 cashback and standard valuation, again available for remortgaging.
Additionally there is a 5-year fixed rate of 6.04% (was 6.20%) at 95% LTV, which comes with a £495 fee, £750 cashback and standard valuation, this time available for house purchase.
The new range also includes Standard Variable Rate (SVR) discounted products, including a 2-year discounted variable rate of 4.39% at 65% LTV, which comes with a £995 fee, £500 cashback and standard valuation, available for both house purchase and remortgage.
Gemma Hyland, mortgage manager at Accord Mortgages, said: “We’re pleased to be able to make further reductions across our residential mortgage range which will benefit homeowners and buyers with both small and large deposits.”
