Accord Mortgages is introducing a new range of fixed-rate mortgage deals with no application or product fees, including either £250 cashback on completion or free standard legal fees.
The offers, available from 8 June, are aimed at customers who want to minimise the upfront costs of moving home or remortgaging, the intermediary-only lender said.
Borrowers with a 35 per cent deposit now have the option to fix for two years at a rate of 1.79 per cent or for five years at a rate of 2.59 per cent.
Borrowers with smaller deposits, of 15 per cent, can make use of a two-year deal at the fixed rate of 2.59 per cent.
Accord, which is part of Yorkshire Building Society Group, also provides fee-free options at loan-to-values (LTVs) of 75 per cent, 80 per cent and 90 per cent (for borrowers with deposits of 25, 20 and 10 per cent, respectively).
All mortgages in the fee-free range have no application or product fees, free standard valuation and either free legal fees for remortgages or £250 cashback on completion for house purchases.
Jill Evans, managing director of Accord Mortgages, said:
“We are very pleased to launch this new range of mortgages in response to feedback from brokers who told us there was significant interest in customers wanting to minimise the costs of buying a home or remortgaging. We hope that they will prove very popular with brokers and borrowers.”
