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 are increasing selected rates on their residential product transfer & additional loans ranges
Applies to: Residential Product Transfer & Additional Loans only
Accord are making the following changes to their residential product transfer and additional loan ranges at 8am on Thursday 11 November.
Rates going up
Accord are increasing rates on 36 products across their 2 and 5 year 65% and 75% LTV range by up to 0.19%.
Deals not changing
38 products remain the same.
When is this changing?
The current range of products will be withdrawn at 8pm on Wednesday 10 November and the new products will available from 8am on Thursday 11 November.
Accord are reducing selected rates in their Buy to Let and Residential New Business product ranges
Applies to: Residential and Buy to Let New business only
Accord are making the following changes to their residential and buy to let product ranges at 9am on Friday 12 November.
What’s changing?
Residential – 24 product rates are reducing over our 75% – 95% LTV ranges
- 75% LTV – the 10-year fixed rates will be reduced by 0.18% and a new ERC structure will be put in place
- 85% LTV – Selected 5-year fixed rates will be reduced by 0.10%
- 90% LTV
- Selected new-build products will be reduced by up to 0.60%
- Selected core rates will be reduced by up to 0.20%
- 95% LTV – selected 5-year Fixed rates will be reduced by up to 0.18%
85 products rates will remain the same
BTL – 5 product rates are reducing in our 80% LTV range
- 2-year Fixed rate for HP and RM will be reduced by 0.21%
- 2-year Fixed rate RM only product will be reduced by 0.28%
- 2-year Discount Variable rate HP and RM product will be reduced by 0.20%
- 5-year Fixed rate HP and RM product reduced by 0.15%
- 5-year Fixed Rate RM only product will be reduced by 0.15%
60 products rates will remain the same
Click here to view more information about the Accord BTL Remortgage Service.
When is this changing?
The current range of products will be withdrawn at 8pm on Thursday 11 November and the new products will available from 9am Friday 12 November.