Accord Mortgages has introduced a range of 65 per cent LTV mortgages for purchase and remortgage borrowers.
The new range, from the intermediary arm of Yorkshire Building Society, includes a two-year fix at 1.41 per cent or a 1.99 per cent five-year fix. A £995 fee applies to both, with £250 cashback available on completion and free standard valuation.
Remortgaging customers can opt for either a 1.39 per cent two-year fixed rate mortgage, or five-year fix at 1.99 per cent, both with a £995 product fee. Borrowers will also receive free standard valuation and free legal fees.
These new offerings complement Accord’s range of lower LTV mortgages including a two-year base rate tracker at 1.29 per cent with a £995 product fee, which gives borrowers flexibility to exit their mortgage early without paying a fee.
Accord national intermediary sales manager David Robinson says: “By refining our product range we have a greater ability to ensure our core mortgages remain competitive and appealing to borrowers.
“However, as always we will monitor the market and listen to brokers to ensure our product range continues to meet a variety of customer needs.”