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Accord doubles cashback for mortgage borrowers

Accord Mortgages is doubling the amount of cashback available to borrowers across its mortgage range.

All borrowers who opt for one of Accord’s 36 house purchase or remortgage home loans that include a cashback feature will now receive £500 cashback when their mortgage completes.

Borrowers who choose any of the intermediary-only lender’s mortgages that come with free legal assistance will also receive £250 cashback on completion.

Accord’s national intermediary sales manager David Robinson says: “Cashback features on mortgages are very popular with borrowers.

“Many people appreciate having a little extra money to use in whatever way will benefit them most – for example, putting it towards their moving costs, using it to buy furniture or even saving it for a rainy day.

“Under our initiative borrowers have a choice of up to 60 mortgages which offer an extra £250 cashback, so there are plenty of options to suit all budgets and circumstances.”

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Sub-Saharan Africa Near-Term Outlook

By Paul Caruana-Galizia, Neptune Economist

Sub-Saharan Africa’s economic renaissance continues. After growing at an average rate of five per cent over the past decade, the IMF projects an acceleration to 5.5 per cent growth among Sub-Saharan economies in the next two years, as developed economies emerge from the crisis. We expect this growth to be sustainable for three broad reasons.