Accord cuts 79 residential mortgage rates by up to 0.30%

Accord Mortgages has reduced rates on 79 residential mortgages by up to 0.30% and doubled its £250 cashback offer on selected mortgages as well as adding £500 cashback to a handful of loans.

Related topics:  Mortgages
Rozi Jones
11th January 2018
calculator rates mortgage house
"We hope by reducing rates and improving our cashback offerings this will give brokers plenty of options when supporting clients with a range of budgets and needs."

Highlights of the range include a 95% LTV five-year fix at 4.40%, which is fee free and comes with £500 cashback on completion and free standard valuation.

Two-year fixed rates are available at 1.88% up to 75% LTV with £500 cashback on completion, free standard valuation and no product fee.

New remortgage products include a 1.75% two-year fix at 85% LTV with £500 cashback on completion and free standard valuation. Remortgagors can also opt for a 90% LTV three-year fix at 2.40% with £250 cashback on completion, free standard valuation and free legal fees. Both mortgages have a £495 fee.

David Robinson, National Intermediary Sales Manager at Accord, said: “There are a number of highly competitive deals across the mortgage market at the moment, which is great news for borrowers looking to get a great rate at the start of the year.

“We hope by reducing rates and improving our cashback offerings this will give brokers plenty of options when supporting clients with a range of budgets and needs. We know that cashback is a popular incentive choice for borrowers so they may appreciate having extra cash in their pocket when they secure their next home loan.”

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