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 making changes to 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 Thursday 13 November, we’re making changes to our Residential New Business product range. The current range will be withdrawn at 10pm Wednesday 12 November and the new range will be available at 8am Thursday 13 November.
What’s changing?
- 75%, 80% & 85% LTV purchase rates will be increased by up to 0.10%
- 90% & 95% LTV purchase rates and £5k Deposit Mortgage rates will be reduced by up to 0.05%
- End dates will be extended to the end of February.
There are no changes to remortgage rates or tracker rates.
What else is changing?
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.