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.
Buying a first home can feel overwhelming, but we can help you help more clients with our range of propositions and options.
With our £5K Deposit Mortgage, your clients could buy a home (even a flat) with just a £5K deposit.
- For LTVs between 95.01% and 99%
- Applies to homes priced between £100K and £500K (no new builds)
- At least one applicant must be a first-time buyer
- Higher credit score required.
Plus, we’ve got even more ways to help:
- Boost LTI – up to 5.5x LTI for minimum household incomes of £50k, up to 95% LTV exclusively for your first-time buyer clients
- JBSP Lending – add a family member to help with affordability
- Cascade Score – more product options if your clients don’t meet our higher scorecard.