Accord announces cuts to five year fixes
Accord Mortgages has announced that it has reduced residential rates across its 5 year fixed rate 90% LTV range by up to 0.13%.
Included in the new rates are a 3.26% five-year fixed rate mortgage at 90% LTV, with £845 product fee and free standard valuation and free standard legal fees.
Also on offer to both remortgage and house purchase customers is a 3.26% two-year fixed rate mortgage with a product £345 fee.
David Robinson, Accord’s National Intermediary Sales Manager, said: “We are sure the new rates will prove attractive to brokers and borrowers with smaller deposits, 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 a fixing their mortgage repayments to a competitive rate for a longer period.”