Accord launches 90% LTV remortgage deals
Accord Mortgages introduced a new range of two and five-year fixed-rate deals at 90% loan-to-value (LTV) on January 12.
The new homebuyer and remortgage deals will be offered to customers with loans of between £75,000 and £500,000, excluding those buying new builds or flats. Mortgage fees will start from £495 and several offset mortgages will be made available.
Accord mortgage product manager, Martin McIntosh, says: “Our range of 85% LTV deals has proved to be attractive to first-time buyers and feedback from brokers has shown an appetite for greater competition in the 90% LTV market.
“Our move into this area represents a measured yet positive step, supporting the intermediary market as we embark on a new year of lending.”
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