Accord returns to 95% LTV mortgage lending

Intermediary-only lender Accord Mortgages has resumed lending at 95% loan-to-value (LTV).

Accord recently returned to market with 2- and 5-year fixes up to 85% LTV but is now offering a wider range following its temporary withdrawal.

Options for the Help to Buy and Deposit Unlock schemes, as well as New Build, Boost LTI and Cascade products up to 90% LTV have been made available

This is in addition to a range of 3-year fixes and discounted standard variable rate (SVR) mortgages.

5-year fixes come in at 6.35% at 90% LTV and 6.71% at 95%, both of which have a £995 fee.

Help to Buy 2-year fixes are priced at 6.10% at 60% LTV while there is a 2-year discounted SVR rate of 4.19% at 85% LTV.

Jeremy Duncombe (pictured), managing director at Accord Mortgages, said: “Our sensible and phased return to market means we’re now in a position to start lending again with a wider range of mortgages, which I’m sure will be welcome news to brokers and their clients, particularly those with the smallest deposits.

“As a responsible lender, we’ve carefully monitored the market and maintained our currently excellent service levels to make sure brokers continue to receive the quality of service they expect from us.”

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