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 rates on Residential Product Transfer and Additional Loans products
Accord are increasing rates across their Residential Product Transfer and Additional Loan fixed rate products.
Existing products will be withdrawn at 8pm on 13 March, and new products will be available from 8am on 14 March.
What’s changing?
- All fixed rates are increasing by 0.30%
What else is changing?
- There are no other changes
When is this change?
- Existing products are being withdrawn at 8pm on 13 March
- New products will be available from 8am on 14 March
Accord are making a number of changes to their Residential New Business product range
Accord are increasing rates on their Residential New Business product range. The current range will be withdrawn at 8pm on 14 March and the new range will be available at 8am on 15 March.
What’s changing
- Selected fixed rate products at 60% & 75% LTV will be increased by between 0.10%-0.50%.
- Selected fixed rate products at 80% LTV will be increased by between 0.16%-0.50%.
- Selected fixed rate products at 85% LTV will be increased by between 0.04%-0.50%.
- Selected fixed rate products at 90% LTV will be increased by between 0.03%-0.50%.
- Fee-free house purchase product at 95% LTV will be increased by 0.20%.
- Deposit Unlock products will be increased by 0.20%.
When is this change?
The current range will be withdrawn at 8pm on 14 March and the new range will be available at 8am on 15 March.
Residential Product Transfer
Accord are making changes to their Product Transfer discounted product range.
What’s changing
All discount products will be withdrawn at 6 pm on Friday 17 March and will be relaunched on Tuesday 21 March at the same discount product rates.
What else do you need to know?
- This is a short term withdrawal ahead of Accord’s SVR increase and the products will be replaced the following week
When is this change?
The discounts will be withdrawn at 6pm on 17 March and relaunched at 8am on 21 March.