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Accord reduces rates on residential mortgages

by Stephen Little
August 4, 2017
Taking out a 10-year fixed rate mortgage could save you over £3,500
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mortgage9Accord Mortgages has reduced rates on most loan-to-values and introduced a new three-year option at 85% loan-to-value.

The intermediary-only lender, which is part of Yorkshire Building Society, has reduced rates across its 65%, 75%, 80%, 85% and 90% LTV ranges by up to 0.12%.

Highlights of the updated mortgages include a competitive two-year fixed rate at 1.37% with a 65% and a £995 product fee.

A new fee-free three-year fixed rate mortgage is available at 2.29% for borrowers looking to buy a new home with a 15% deposit.

Both mortgages come with £500 cashback on completion and free standard valuation.

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For those looking to guarantee their rate for longer, there is a five-year fix at 2.12% for both house buyers and remortgage customers at 85% LTV and a £995 fee.

David Robinson, national intermediary sales manager, said: “We always try to offer brokers and borrowers a range of options and good, long-term value for money. By making these reductions and launching mortgages, we are increasing the choice brokers can offer their clients.

“As well as the product we’ve launched today, we also have mortgages with no upfront fees for those who want to minimise the costs of moving or remortgaging.”

 

Tags: Accord Mortgages
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