Low-fee remortgage options at Accord

Posted on Monday, April 10 by Joy Tibbs

Accord Mortgages has launched a new range of £495-fee mortgages for borrowers with lower loan sizes looking to keep the upfront costs of buying a home or remortgaging their homes to a minimum.

The new two-year fixed-rate mortgages will provide borrowers with lower fee options across the lender’s range at 65%, 75%, 80% and 85% loan-to-values (LTVs).

The range includes a two-year fix at 1.47% with a £495 fee, available to both house buyers and remortgage customers with a 25% deposit, including free standard valuation.

Remortgage customers can also benefit from a two-year fix at 1.48% up to 75%, which comes with £250 cashback on completion and free standard valuation, plus a £495 product fee.

Accord, which is part of the Yorkshire Building Society, has also made rate reductions on a range of 65%, 75%, 80% and 85% LTV mortgages by up to 0.18%.

Highlights include a two-year fixed-rate mortgage at 1.58%, available to house purchasers with a 15% deposit. The mortgage has a £995 product fee and comes with £250 cashback on completion and a £995 fee.

David Robinson, national intermediary sales manager at Accord, says: “Rates continue to remain low for borrowers and we’re helping to ensure those borrowers seeking to pay lower fees are also benefiting.

“A lot of borrowers are attracted to a headline low rate but the size of their loan will determine which deal costs them the least overall, which is something their broker can help them with.

“Our fixed-rate mortgages – particularly the two-year options – have been popular with borrowers looking for low-fee products and our new offerings also come with added features such as cashback on completion or free valuation, which can help to keep down costs even further.”

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