Accord to pay FTBs an extra £500 on completion

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Accord Mortgages is giving first-time buyers an extra £500 cashback when they complete on a mortgage.

From 18 November all first-time buyers completing on fixed rate mortgages at 90 or 95 per cent LTVs will be eligible for the extra cashback.

It will be paid on top of all other incentives, with the largest cashback amount reaching £1,250.

The extra cashback is designed to help first-time buyers with the upfront costs of moving into their first home, and is available for a limited time.

Accord national intermediary sales manager David Robinson says: “We’re pleased to offer an exclusive range which gives those who have never had a mortgage before a little extra boost to settle into their first home.

“Many first-time buyers turn to a broker for advice, so we hope this extra bonus with our high LTV range will appeal to intermediaries who are helping their clients get their first step onto the property ladder. However, the added cashback is only available for a limited period, and is guaranteed until Monday, 5 December only.”