Fixed-rate mortgage rates cut at Accord

Posted on Monday, June 13 by Joy Tibbs

Accord Mortgages has reduced the rates on a selection of its five-year fixed-rate mortgages by up to 0.15%.

The intermediary-only lender, which is part of the Yorkshire Building Society Group, has cut rates on its five-year fixes at 75%, 80% and 85% loan-to-value (LTV).

The 0.15% cut applies to its 85% loans at 2.79% with an £845 fee for house purchase and remortgage.

The lender has also cut its five-year deal at 2.89% with an £845 fee, £250 cashback on completion and either free standard valuation for house purchase, or free standard valuation and legal fees for remortgage customers.

Accord has also reduced rates by up to 0.15% on its two-year fixes, one of which is now available at 1.99% with a £845 fee, £250 cashback on completion and a free standard valuation.

National intermediary sales manager, David Robinson, said: “We are sure the new rates will prove attractive to brokers and borrowers, 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.”

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