Credit repair range is a hit for Accord

Accord Mortgages says sales of its recently launched sub-prime credit repair product range are going through the roof.

The range is available on a direct to lender basis and offers specialist underwriters brokers can call direct.

Accord says it guarantees that if the broker’s client makes all payments due on time during the special product period, it will offer them any of the existing borrower transfer products from its prime range. Accord is one of the few lenders to pay proc fees for existing borrower transfers.

Linda Will, managing director of Accord, says the scheme has already been a roaring success.

She says: “The phones have been going mad. Our team is really pleased, but I don’t think they expected it to take off quite so fast.”