Accord trims residential mortgage rates

Accord Mortgages is reducing rates across its residential mortgage product range up to 90% LTV from tomorrow.

The intermediary-only lender is shaving 0.06% off its residential two and three-year fixed rate and 0.05% off its five-year fixed rates up to 90% LTV.

Highlights include a two-year fixed rate purchase product at 4.01%, available up to 75% LTV with a £1,495 fee and free standard valuation.

A five-year fix at 90% LTV has reduced to 4.55% with a £495 fee, £300 cashback and free valuation.

For remortgage, a three-year fix at 80% LTV has reduced to 4.44% with a £495 fee, free valuation and a choice of either free remortgage legal work or £500 cashback.

Gemma Hyland, mortgage product manager for Accord Mortgages, said: “We’re delighted to announce a further lowering of our mortgage rates across the majority of our range – the latest example of how we are doing our best to pass on additional value to our brokers and their customers wherever possible.”