Accord cuts residential rates by up to 0.24%

Accord Mortgages is reducing rates again this week across its residential range.

From tomorrow, the lender is cutting rates on two-year fixes by as much as 0.24%, with three-year products reduced by up to 0.15% and five-year deals by up to 0.21%.

Highlights include a two-year fix at 95% LTV, down by 24bps to 5.18% with a £495 fee, £300 cashback and free standard valuation.

For remortgage, a three-year fix at 90% LTV has reduced to 4.91% with a £495 fee, either £500 cashback or remortgage legal service, and free valuation.

A five-year fixed rate remortgage product at 75% LTV is down to 4.15% with a £1,495 fee, £500 cashback or remortgage legal service, and free valuation.

The lender has also extended product end dates to 31st August.

Gemma Hyland, product manager for mortgages at Accord Mortgages, said: “We’re always looking for ways to deliver excellent value to our brokers and their clients.

“This is the latest example of how we are taking every opportunity to do this, and we’ll continue to do so as the year continues.”