Accord trims low-LTV loans up by to 0.23%

cut, scissors

Accord has today cut rates on 21 small-deposit mortgages by up to 0.23 per cent.

The biggest rate cut applies to the firm’s five-year remortgage at 75 per cent LTV, now 2.03 per cent.

The loan has a £995 fee, free legals, free valuation and £500 cashback.

Accord has also lowered rates by 0.22 per cent on a two-year fixed remortgage at 75 per cent LTV, now 1.70 per cent.

A 0.22 per cent rate cut also applies to the firm’s two-year fixed remortgages at 80 per cent LTV, now 1.77 per cent, and 85 per cent LTV, now 1.87 per cent.

These two-year deals all have a £495 fee, free legals and £250 cashback.

The firm has also launched a fee-free 3.99 per cent two-year fixed rate mortgage at 95 per cent LTV.

In addition, Accord has almost halved the product fee on its 3.65 per cent two-year 95 per cent LTV fix which is now at £495.

Accord mortgage manager Jemma Anderson says: “We’ve aimed to offer a combination of competitive rates and a choice of additional incentives which we hope will appeal to a range of different customers.”



FTBs look to fix for longer: Accord

First-time buyers are looking to fixed—rate mortgages of longer lengths than they were 12 months ago according to Accord Mortgages. The lender says the number of applications it has received from first-time buyers for five-year fixed rates has more than doubled year-on-year. More than half (51 per cent) of all first-time buyer applications in January […]


RBS accused of ‘misleading’ MPs over treatment of small businesses

A Labour MP says Royal Bank of Scotland bosses misled an influential Government committee over how it treated small companies. According to the BBC, Labour’s Treasury spokesman Clive Lewis says he has a full, unredacted copy of a FCA report, which examines the conduct of RBS’s Global Restructuring Group. Lewis says the report states RBS’s behaviour […]


Out from the long grass? An IT and NI merger

Those with a long memory will recall that at the start of the last parliamentary term George Osborne announced his intention to merge income tax (IT) and national insurance (NI).  Headline grabbing as the initiative was, the reality of the complexities, challenges and costs of such a move resulted in this idea being kicked into the political long grass.


News and expert analysis straight to your inbox

Sign up