Accord cuts rates by up to 0.45%

Accord Mortgages has reduced rates by up to 0.45% across its mortgage products at both 75% and 85% LTV.

Its newly repriced range includes a two-year fix at 3.74% available up to 85% LTV with a £995 fee, and a two-year tracker at base plus 2.89% available up to 85% LTV with the same fee.

The lender has also cut rates on its 75% LTV fixed deals by up to 0.25%, while its ‘tracker to fix’ hybrid deals now start from base plus 1.69% for two years followed by 3.39% fixed for three years at 75% LTV.

Steve McAvan, group intermediary product manager at Accord, says: “Recent movements in swap rates have given us the opportunity to shave the rates on our fixed rate deals.

“Our new range still includes offset options, products suitable for first-time buyers and our popular ‘tracker to fixed’ hybrid deals, ensuring we provide brokers with a broad range of competitive products to suit the needs of their clients whilst still providing some of the best rates on the market.”