Rates cut and new products at Accord Mortgages

Rates have been cut by up to 0.35 per cent and a series of new mortgages introduced following a successful seven-day promotion by Accord Mortgages.

A total of 15 new products at 80 per cent loan to value (LTV) have been added to Accord’s core range after products at this LTV proved especially popular during the week-long sale, which ended on Friday.

Rates on the 80 per cent LTV products start at 2.24 per cent, at 1.99 per cent on 75 per cent LTV products and 1.94 per cent at the 65 per cent LTV level.

Fees vary from £345 to £1,845 and additional support including free valuations, legal assistance and cashback on completion totalling up to £800 is available on selected products.

Jemma Anderson, Accord Mortgages Product Manager, said: “The 80 per cent LTV products we offered during the seven-day promotion were a real hit with brokers and customers so we have brought those in to our standard product range.

“We have also made reductions in rates on mortgages at the 65 per cent, 75 per cent and 80 per cent LTV level and are very competitively positioned across our entire range.”