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 reducing rates on selected products and introducing a suite of 80% LTV products
Accord are introducing a suite of 80% LTV products for both house purchase and re-mortgages, with fee free and £495 options and also reducing rates on selected New Business products. Existing products are being withdrawn at 8pm on Tuesday 10th January and new products will be available from 8am on Wednesday 11th January.
What’s changing?
- Introduction of a suite of 80% LTV products for both house purchase and re-mortgage, with fee-free and £495 options
What else is changing?
- For Accord New Business
- Selected rates at 60% LTV reduced by up to 0.15%
- Selected rates at 75% LTV reduced by up to 0.15%
- Selected rates at 85% LTV reduced by up to 0.22%
- Selected rates at 90% LTV reduced by up to 0.28%
- 90% new build products reduced by 0.36%
- Selected rates at 95% LTV reduced by up to 0.24%
- BoE tracker rates reduced by up to 0.13%, plus the introduction of products at 60% LTV
When is this change?
The current range will be withdrawn at 8pm on Tuesday 10th January
The new range will be available at 8am on Wednesday 11th January
Accord are reducing rates on Product Transfers and Additional Loans and replacing Discounts with Base Rate Trackers
We are reducing rates across all of our Residential Product Transfer and Additional Loan products and replacing discounts with Bank of England Base Rate Trackers. End dates are being extended to the 31st May. Existing products are being withdrawn at 8pm on Wednesday 11th January and new products will be available from 8am on Thursday 12th January.
What’s changing?
- Product Transfer and Additional Loan rates are reducing by between 0.10% and 0.38%
- Discounts are being replaced by Bank of England Base Rate Trackers
- End dates are changing to 31st May
When is this change?
- Existing products will be withdrawn at 8pm on Wednesday 11th January
- New products will be available from 8am on Thursday 12th January