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Accord trims rates on 90% LTV deals by up to 0.23%

 Accord Mortgages has cut rates on 90 per cent LTV products by up to 0.23 per cent.

The intermediary-only lender, which is part of the Yorkshire Building Society Group, has launched a 2.24 per cent two-year fixed rate mortgage at 90 per cent LTV with a £995 fee, which is available to both remortgage and house purchase customers.

For customers preferring a longer term option the range includes a five-year fix at 2.96 per cent up to 90 per cent LTV with a £995 fee. This mortgage is available with free standard valuation and free legal fees for remortgaging borrowers, and £250 cashback on completion and free standard valuation for house purchase customers.

Accord mortgage product manager Jemma Anderson says: “We recently removed our mortgage application processing fee, which gives brokers and their clients the assurance that no product fees need to be paid until the mortgage has completed.

“We hope this, plus the option of added incentives on our 90% LTV mortgages, will help to reduce the upfront costs for first-time buyers looking to get a foot on the property ladder.”



Nationwide cuts rates by up to 0.35%

Nationwide is reducing selected fixed, tracker and shared equity rates by up to 0.35 per cent tomorrow. The two-year 60 per cent (LTV) fixed rate product now starts at 1.34 per cent with a £999 fee, which is Nationwide’s lowest-ever fixed rate, and 1.74 per cent with no fee. The three-year fixed rate mortgage deals […]


Bank of Ireland introduces 0.25% retention proc fees for brokers

Bank of Ireland has introduced retention procuration fees for the first time, offering 0.25 per cent to brokers transferring existing BOI customers. The Bank re-entered the UK intermediary mortgage market two years ago, developing partnerships in Britain and Northern Ireland. Bank of Ireland director of sales Alison Pallett says introducing retention proc fees “recognizes the […]


Santander launches fee-free fixes and H2B equity loan products

Santander has launched a range of two and five year fixed re-mortgage products with no product fees. The new products are available on products at 60, 75, and 85 per cent LTV, with interest rates ranging from 1.64 per cent for a two-year 60 per cent fix, to 2.34 per cent for a five-year 85 […]


Neptune video: Abenomics: the impetus for Japan’s fast-track recovery?

The remarkable performance of the TOPIX over the past year has caused many sceptical equity investors to look again at the Japanese market. These returns have come despite very significant problems facing the Japanese economy. Chris Taylor, manager of the Neptune Japan Opportunities Fund, discusses these problems and whether Abenomics will be able to overcome them, enabling the market to continue to rise.

In the video, Taylor addresses the following:

• The size and speed of Japan’s unprecedented monetary policy
• Abenomics and the implications should it fail
• Corporate Japan and beneficiaries of government policy


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