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.”

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