Accord cuts fixed rates
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Accord Mortgages is launching a new range of fixed rate mortgage deals tomorrow, cutting 0.20% from fixed rates up to 75% LTV and 0.25% for products available up to 85% LTV.
It is launching a two-year fixed rate at 3.24% with a £995 fee, up to 75% LTV, a three-year fixed rate at 3.94% with a £995 fee and a five-year fixed rate at 4.64% with a £995 fee.
The lender is also launching a two-year fixed rate at 4.39% with a £995 fee up to 85% LTV, a three-year fixed rate at 5.09% with a £995 fee and a five-year fixed rate at 5.69% with a £995 fee.
Following the introduction of low-loan size low-fee products in March, the new range includes products available for loans up to £150,000 with a fee of £495. Offset versions of all products mentioned above are also available.
Steve McAven, group intermediary product manager at Accord, says: “Recent swap rate activity has given us the opportunity to re-price our range of fixed rate products.
“The new range includes a variety of rate and fee options as well as deals designed for customers wishing to borrow less than £150,000 and those who are keen to offset their savings against their home loan. Our new range offers brokers an even more competitively priced range of options to suit the needs of their clients.”
All Accord mortgage products allow up to 10% overpayments per calendar year and are fully portable.
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