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.
Applies to: Accord Residential – Product Transfers
We’re pleased to say we have reduced rates on some of our PT products.
What’s changed?
4 products at 90% LTV are being cut by up to 0.15%.
The product codes are:
- 53706
- 53717
- 53718
- 53722
There are no changes to 70 PT products, which are remaining the same.
Dates.
Rates were withdrawn yesterday and relaunched this morning.
Accord are reducing rates across a number of products
Applies to Accord Residential
We’re pleased to be reducing rates across a significant number of different products as well as introducing other changes to our Residential range.
What’s being reduced:
Selected rates at:
- 75% LTV reduced by up to 0.16% (average 0.12%)
- 80% LTV reduced by up to 0.13% (average 0.6%)
- 85% LTV reduced by up to 0.32% (average 0.18%)
- 90% LTV reduced by up to 0.18% (average 0.13%)
- 95% LTV reduced by 0.04% with fees reduced from £995 to £495
- Our larger loan products – up to £600k at 90% & 95% LTV and £2m at 80% and 85% LTV, are being aligned with their core range equivalents.
We’re also introducing the:
- Launch of 95% LTV large loan products up to £600k
- Launch of 95% LTV remortgage products (previously purchase only)
What’s being increased?
Product code 53784, 5 year RMT is being increased from 2.11% to 2.16%
When is the change?
Products will be withdrawn at 8pm Tuesday 22nd June and relaunched Wednesday 23rd June 8am