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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.”


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