Accord launches 10-year fix at 2.69%

Money, cash, calculator

Accord has today launched a 10-year fixed rate mortgage at 2.69 per cent.

The loan is available at 65 per cent LTV for house buyers and remortgagors.

It has a £995 product fee and free standard valuation.

Borrowers can make annual overpayments by up to 10 per cent without charge, and the mortgage is portable.

Accord mortgage manager Jemma Anderson says: “We’ve seen demand for longer term fixes increase recently, which is possibly due to economic and political uncertainty as well as the potential upward trajectory of the Bank Rate.

“So we felt it was important to offer a mortgage which will give borrowers long-term value for money and provide them with the reassurance of knowing exactly what their monthly repayments will be for a decade come what may.”

According to Moneyfacts the market average rate for a 10-year fix is 3.05 per cent as of 20 February.


missold mortgage

Topaz Finance set to launch two mortgage brands

Topaz Finance is set to launch two new UK mortgage companies. The firm has registered two new names and logos, Jasper Mortgages and Rosinca Mortgages, according to recent Intellectual Property Office filings. The firm’s mortgage servicer parent, Computershare, declined to comment on any plans for the two new firms. But Computershare has previously announced plans […]


What exactly is a missold mortgage?

There are many breaches that constitute a missold mortgage but the fundamental question is whether people were treated fairly by their adviser or lender. I am looking at complaints that a recommendation was inappropriate for debt consolidation, capital raising, extending the term, affordability, arrears and right-to-buy mortgages. There are many breaches that constitute a missold […]


Skipton snips rates, adds products

Skipton Building Society is tomorrow lowering rates on a range of residential, non-standard and buy-to-let loans by up to 0.35 per cent. The lender is reducing rates on residential additional borrowing products by up to 0.35 per cent. The firm is trimming rates on all new build fixed rate products by up to 0.13 per […]


News and expert analysis straight to your inbox

Sign up