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.
We’re reducing rates in our Residential Product Transfers and Additional Loans range
On Monday 1 December, we’re making changes to our Residential Product Transfer and Additional loans product range. The current range will be withdrawn at 8pm Sunday 30 November and the new ranges will be available at 8am Monday 1 December.
What’s changing?
- 65% LTV rates will be reduced by 0.05%
- 75% LTV rates will be reduced by up to 0.08%
- 80% LTV and 85% rates will be reduced by 0.05%
- 90% LTV rates will be reduced by up to 0.10%
- 95%+ LTV rates will be reduced by 0.05%.
There are no changes to tracker rates
What else is changing?
End dates will also be extended to 31 March.
What else do you need to know?
Product Transfers – Mortgage Charter
We are pleased to have signed up to the Mortgage Charter – click here to find out how we can help existing Accord customers. For more information on our product switching process, click here.
If you wish to amend your client’s already offered product to a like-for-like deal you can do so via our switching form; however, this must be submitted no later than 14 days before the current product end date.