Accord Mortgages is cutting rates by up to 12 basis points on its fixed rate mortgages for borrowers with a 35 per cent deposit.
The rate cuts take place today.
The lender is now offering rates of 1.87 per cent at 65 per cent LTV for those remortgaging a two-year fixed rate, with no product fee.
Accord is also giving the choice between £250 cashback on completions and free standard valuation, or free standard valuation and legal fees.
The lender is also offering a two-year fixed rate at 1.94 per cent at 65 per cent LTV for house purchase.
The product comes with no product fee and the mortgage comes with £250 cashback on completion and free standard valuation.
Accord national intermediary sales manager David Robinson says: “We are always looking at ways to offer borrowers value for money and we believe that these mortgages will prove very attractive thanks to the highly competitive rates and choice of incentives.
“We hope brokers looking for competitive deals on house purchases and remortgages will welcome these new rates and pass them on to customers.”