Accord announces further cuts to residential mortgage rates

The latest cuts mark the third time in two weeks the lender has reduced its rates on residential products.

Related topics:  Finance,  Mortgages
Property | Reporter
18th July 2024
Mortgages

Accord Mortgages is reducing rates by up to 0.20% across its range of residential products, up to 90% LTV.

The latest changes include reductions of up to 0.20%, on products up to 85% LTV; and up to 0.14% up to 90% LTV, and mark the third rate cut by Accord in two weeks.

The new range, which is available now, includes a five-year fixed rate at 4.67% (was 4.87%) up to 75% LTV, for house purchase, with a £995 fee, a two-year fix at 5.32% (was 5.52%), up to 80% LTV, for house purchase, with a £995 fee, £250 cashback and free standard valuation, and a two-year fix at 5.77% (was 5.89%) up to 90% LTV, for remortgage purposes, with a £995 fee, free remortgage legal work and free standard valuation.

Gemma Hyland, mortgage product manager for Accord, said: “We’re delighted to be able to reduce rates across our product range yet again, as we continue to strive to offer the best value possible to borrowers.

“We’ll continue to closely monitor market trends with a view to eyeing further such opportunities.”

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