As of tomorrow (Thursday 26th October), Accord Mortgages will be making some changes to its residential new business range.
Selected Deposit Unlock products at 95% loan-to-value (LTV) will be reduced by 0.08% or increased by 0.12%.
The intermediary-only lender’s 10-year product at 75% LTV will be increased by 0.07%, while end dates will be extended to 28th February.
The current range will be withdrawn at 10pm today (Wednesday 25th October), and the new range will be available at 8am on 26th October.
Nicholas Mendes, mortgage technical manager at John Charcol, said: “Interesting to see 10 year pricing increase from Accord in their latest product refresh.Â
“10-year money has been steadily been falling in recent weeks, that aside 2, 3, 5, 7 and 10-year swaps all sub 5% which is encouraging given the MPC meeting next week.
“Markets have so far remained optimistic of another hold in the midst so far.”
