Accord Mortgages is to reduce selected rates across its residential mortgages this week.
From Thursday (21st July), the intermediary-only lender will be reducing rates by an average of 0.14% across selected house purchase and remortgage options.
Highlights of the improved range include:
- 10-year fixed rate of 4.16% (was 4.46%) at 75% loan-to-value (LTV), which comes with a £495 fee and free standard valuation
- 2-year fixed rate of 3.73% (was 3.88%) at 85% LTV, which comes with a £995 fee
- 2-year fixed rate of 3.94% (was 4.09%) at 90% LTV, which comes with a £495 fee, £500 cashback and free standard valuation, available to house purchase customers only
Brokers helping clients with the smallest deposits will also have the choice of a 5-year fixed rate of 4.19% at 95% LTV (was 4.37%), which is available to homebuyers and comes with a £495 fee, £750 cashback and free standard valuation.
Lucy Hardiman, mortgage manager at Accord Mortgages, said: “We’re pleased to be able to make rate reductions across many of our ranges as part of our commitment to supporting the market.
“We’re sure these latest changes will be welcome news for brokers looking for good value for their clients.”
