Accord launches deals up to 85% LTV
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Accord Mortgages, the intermediary lender of Yorkshire Building Society, has launched tracker rates at 75% and 85% LTV while cutting its fixed rates by up to 0.65%.
The range, launched yesterday, includes a two-year tracker at Bank of England base rate plus 2.5%.
The product is available at up to 75% LTV and carries a £95 booking fee and a £995 completion fee.
At 85% LTV the rate goes to Bank base rate plus 3.99% with the same fees applicable.
Accord has also introduced two-year fixed rate deals including a 4.09% product at 75% LTV and a 6.39% deal at 85% LTV.
The lender has also increased its maximum loan size from £350,000 to £750,000.
All products are available for house purchase and remortgage cases.
Cate Hillis, strategic development director at Accord, says: “We have listened to feedback from our lending partners and have decided to make several changes to our semi-exclusive range.
“We have reduced rates and launched products, and offer a choice of capped or non-capped trackers.
“With the trend in the market being for trackers we think we’ve given borrowers a great proposition.”
