Accord launches new remortgages, cuts resi rates


Accord Mortgages has launched new remortgages and cut residential mortgage rates by up to 0.31 per cent.

The first new product is a 1.65 per cent two-year fixed rate mortgage at 85 per cent LTV with a £495 fee and £500 cashback on completion.

The second, at 65 per cent LTV, is a 1.97 per cent five-year fix with no product fee and £250 cashback on completion.

Both mortgages also include free standard valuation and free legal fees.

In addition, Accord has reduced rates on selected residential mortgages across its 65, 75, 80 and 85 per cent LTV ranges by up to 0.31 per cent.

The range now includes fee-free options such as a 1.79 per cent two-year fix at 85 per cent LTV and a 1.80 per cent three-year fix at 75 per cent LTV.

Borrowers choosing either mortgage will get £250 cashback on completion and free standard valuation.

Accord national intermediary sales manager David Robinson says: “We know that borrowers appreciate additional extras to manage the upfront costs of taking out a mortgage, so we have peppered our range with incentivised features.

“These include free legal fees which continue to be a popular choice amongst our remortgage borrowers.”


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