Accord Mortgages have released an update on their product range, the details are set out below. Accord products are available through our direct to lender mortgage club so contact us for more information on how our club can support your business.
Accord selected residential rates going down & new residential products launched
We’re reducing selected rates and launching new products at 80% to 90% LTV.
What’s being reduced?
- 90% LTV – all 2 and 5 year House Purchase rates reduced by up to 0.13%.
- 85% LTV – selected products available to both purchase and remortgage customers reduced by 0.03%
What’s being launched?
- 85% LTV – a new product available up to £2million at a rate of 2.74% fixed for two years. This is available to both home buyers and those remortgaging. It comes with a £995 fee, £300 cashback and free standard valuation.
- 80% LTV – two new products available for both house purchase and remortgage clients; two-year fixed rate of 1.99% and a five-year fix of 2.20%, both of which come with a £995 fee, £300 cashback and free standard valuation.
All other products will remain unchanged.
When are these taking place
Thursday 25th March from 8am
Accord are making change their BTL Product Transfer range and extending end dates
Applies to: BTL PT only
Accord are making the following changes to their BTL Product Transfer range at 6pm on Friday 26th March.
EBT rates going up
We’re increasing rates on 10 products in our 65% and 75% LTV ranges by between 0.02% and 0.03%:
65% LTV deals
- 2 years Nil fee rate changes from to 2.21% to 2.23% (Product code – 300484 )
- 3 years Nil fee rate changes from to 2.21% to 2.24% (Product code – 300510 )
- 5 years Nil fee rate changes from to 2.22% to 2.25% (Product code – 300485)
- 5 years 950 fee rate changes from to 2.08% to 2.10% (Product code – 300489)
- 5 years 1495 fee rate changes from to 2.02% to 2.04% (Product code – 300499)
65% LTV deals
- 2 years Nil fee rate changes from to 2.34% to 2.37% (Product code – 300486)
- 2 years 1495 fee rate changes from to 1.88% to 1.90% (Product code – 300500)
- 3 years Nil fee rate changes from to 2.35% to 2.38% (Product code – 300512)
- 5 years Nil fee rate changes from to 2.37% to 2.40% (Product code – 300487)
- 5 years 950 fee rate changes from to 2.17% to 2.20% (Product code – 300491)
EBT rates going down
- Deal end dates are being extended on the entire range.
- Rate reduction of 0.03% on the 60% LTV 5 year product with nil fee ( product code – 300493).