Accord Mortgages, part of Yorkshire Building Society Group, has launched a range of five-year fixed rate mortgages for borrowers looking to remortgage.
Available at 75% loan-to-value (LTV) is a 2.24% five-year fixed rate mortgage, at 80% LTV is a 2.44% five-year fix, and at 85% LTV there is a 2.60% five-year fix.
Each mortgage comes with a £845 fee, £250 cashback on completion and free standard valuation.
There are also reductions on selected two-year fixed rate remortgage products by up to 0.15%.
Highlights include a two-year fix at 1.54% available at 75% LTV, while borrowers with a 35% deposit can take advantage of a two-year fix at 1.44%.
Both mortgages come with a £845 fee plus free standard valuation and legal fees.
Jemma Anderson, product manager at Accord, said: “We are sure the new rates will prove attractive to brokers and borrowers, and we are keen to offer value for money to our customers with incentives like cashback on completion. The five-year rate reductions will appeal to borrowers looking for the security of fixing their mortgage repayments to a competitive rate, especially during this time of economic uncertainty.”
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