View more on these topics

Accord unveils new prime fixed rates

Accord has relaunched its entire range of prime fixed rate mortgages, including end dates to May 1.

The new range includes a three-year fix with a 1.5% fee at 5.14% to 95% LTV, and a self-cert three-year fix with a 1.5% fee at 5.29% to 75% LTV or at 5.39% to 85% LTV.

It also include a five-year fix up to 5 x income at 5.59% up to 95% LTV or 6.04% to 100% LTV with a £695 fee.

Along with recent improvements to criteria and procuration fees, Accord’s lending proposition now accepts 100% of sustainable annual bonus and overtime.

It also offers the same proc fees for transfer products as for new business and proc fees are now paid weekly.

Mark Underhill, commercial director of Accord, says: “It’s been a challenging start to the year, pricing in a climate of fluctuating market prices caused by an unexpected Bank of England rate rise.

“We’re confident however that we’ve struck the right balance and have a good mix of products to start the year as we mean to go on.”

Recommended

NR may pay retention proc fees

Northern Rock may bow to peer pressure by paying brokers proc fees for home movers, as part of a customer retention drive.

Halifax appoints intermediary account manager

Halifax has appointed Paul Silcock as national intermediary account manager for Halifax Intermediaries.Previously Silcock held the position of senior project manager for Halifax Intermediaries. He has also held a number of positions including business development manager and intermediary sales centre manager. In his new role Silcock will focus on building relationships with national accounts and […]

Millions at risk of ID theft

A survey has revealed that 21 million people do not protect themselves against identity theft while 97% of household waste contains at least one item that could assist a fraudster. The survey from Lawpack Publishing, the self-help legal publisher, also reveals that over a quarter of identity theft victims know the perpetrator, proving that simply […]

Countryside campaigners slam East of England Plan

A damning new report on the East of England Plan casts serious doubts on the environmental impact of expansion in the region, says the Campaign to Protect Rural England.The report by two firms of independent experts, Land Use Consultants and Levett-Therivel, criticises the official government sustainability appraisal undertaken by another firm of consultants, ERM, published […]

Newsletter

News and expert analysis straight to your inbox

Sign up