Accord Mortgages has announced a revamp of its residential product transfer range, effective from 8am on Tuesday, 5th September.
The existing range will be pulled from the market at 8pm today (Monday, 4th September), making way for the new offering.
All fixed rates are reduced by 0.20%, additionally, end dates for these products will be extended to 31st January.
While fixed rates will see a decrease, Accord confirmed that there will be no changes to its tracker mortgage rates.
Nick Mendes, mortgage technical manager at John Charcol, said: “This is another welcomed move by Accord with the latest rate change.
“Accord had increased their rates end of last month, but have reacted quickly to make reductions as swaps settled slightly.
“This also follows a criteria change to their residential income acceptance and buy-to-let top slicing.)