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.
We’re reducing rates in our Residential New Business product range
We appreciate the market is volatile at present, and whilst not always possible, we will endeavour to give you at least 24 hours’ notice of any upcoming changes.
On Tuesday 27 August, we’re making changes to our Residential New Business product range. The current range will be withdrawn at 10pm Monday 26 August and the new range will be available at 8am Tuesday 27 August
What’s changing?
- 2 year products are reducing by up to 0.35%
- 3 year products are reducing by up to 0.25%
- 5 year products are reducing by up to 0.20%
- 10 year products are reducing by 0.20%
- £5k Deposit Mortgage products are reducing by 0.15%.
There are no changes to tracker rates.
What else is changing?
End dates are being extended to 30 November.
What else do you need to know?
Please note that a full mortgage application must be submitted by the time of withdrawal to secure a new lending product. If you are yet to submit a DIP, please do so as soon as possible as any referrals will only be looked at during normal office hours.
Residential New Business Product Finder
We’re reducing Fixed Rates in our Residential Product Transfer and Additional Loan ranges
We appreciate the market is volatile at present, and whilst not always possible, we will endeavour to give you at least 24 hours’ notice of any upcoming changes.
On Friday 30 August, we’re making changes to our Residential Product Transfer and Additional loan ranges. The current range will be withdrawn at 8pm Thursday 29 August and the new range will be available at 8am Friday 30 August.
What’s changing?
- Most fixed rates are reducing by 0.10-0.35%
- Bank base rate trackers are increasing by 0.10%.
What else is changing?
- End dates are being extended to 31 January.
What else do you need to know?
Mortgage Charter
We are pleased to have signed up to the Mortgage Charter – click here to find out how we can help existing Accord customers. For more information on our product switching process, click here.
If you wish to amend your client’s already offered product to a like-for-like deal you can do so via our switching form; however, this must be submitted no later than 14 days before the current product end date.