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.
Good news for residential clients; tomorrow we’re launching a range of 3-year fixed rate products and expanding our fee-free products up to 90% LTV.
New 3-year deals
To give clients more choice, we’re introducing seven new 3-year fixed rate products across the 75% to 90% LTV tiers for both house purchase and remortgage.
Rates start at 1.86% for 75% LTV, 2.30% at 80% LTV, 2.97% at 85% and 3.74% at 90% LTV.
These products come with a variety of features including up to £750 cashback, free valuation and free remortgage legal fees.
New fee-free options
We’re also bringing in eight new fee-free products to our range. They’ll be available in the 80% and 90% LTV tiers.
Clients can choose a range of 2 and 5 year fixed rate deals for either house purchase or remortgage.
Rates start at 2.51% for a 2-year term at 80% LTV and 3.95% for a 2-year term at 90% LTV.
Included are a choice of incentives with up to £750 cashback, free valuation and free remortgage legal fees.
Rates reducing
In addition to the new products, we’re also cutting rates on 13 existing products across the 75% to 85% LTV tiers by up to 0.04%
The current range of residential products will be withdrawn at 8pm tonight and replaced at 9am tomorrow
We’re making changes to our residential product transfer & additional loans ranges
Applies to: Residential Product Transfer & Additional loans only
We’re making the following changes to our residential product transfer and additional loan ranges at 8am on Tuesday 22 December
Rates going up
- We’re increasing rates on 10 products by between 0.01% and 0.10% across the 85% to 95% LTV tiers
Deals not changing
- None – to give customers better value for longer we’re extending all product end dates to 31 May
The current range of products will be withdrawn at 8pm today (Monday 21 December) and the new products will available from 8am Tuesday 22 December.
Our full range of Product Transfer rates are available to existing Accord clients whose current deal is coming to an end or they’re mortgage rate is our SVR