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 in their Residential product transfer and additional lending ranges
Accord are making the following changes to their Residential product transfer and additional lending ranges at 8am Wednesday 16th March.
What’s changing?
Rates going up
- Rates are increasing on 71 products by up to 0.30% across all LTV bands
What’s staying the same?
- The rates on 3 products will remain the same (100% and 100%+ LTV).
What else is changing?
- End dates have changed to 31st July.
When is this changing?
The current range of products will be withdrawn Tuesday 15th March at 8pm and the new products will be available Wednesday 16th March from 8am.
Accord are increasing some rates on their Residential and Buy To Let new business ranges
Applies to: Residential and Buy To Let new business
The following changes are being made to Accord Residential and Buy To Let new business ranges with rates being withdrawn at 8pm Wednesday 16th March and new rates launching at 9am Thursday 17th March.
What’s changing?
Rates are being increased across our Residential and Buy to Let ranges.
Summary of Residential changes
- 75% – 85% LTV – All fixed rates increased by 0.30%.
- 90% – 95% LTV – All fixed rates increased by up to 0.30%.
- Help To Buy – Rates increased by 0.30%
Summary of Buy to Let changes –
- 60% LTV – all fixed rates increased by 0.20%
- 65% LTV – all fixed rates increased by up to 0.20%
- 75% LTV – all fixed rates increased by up to 0.20%
- 80% LTV – 2 & 5 year fixed rates increased by 0.20%
What’s staying the same?
- Discounted SVR rates remain unchanged
- Buy To Let 80% LTV 3 year Fixed Rate products remain unchanged
When is this changing?
The products will be withdrawn Wednesday 16th March at 8pm and the new rates will be available Thursday 17th March from 9am.