Accord cuts rates on 90% and 95% LTV products

Rates have been cut on both house purchase and remortgage products.

Accord cuts rates on 90% and 95% LTV products

Accord Mortgages is reducing rates on selected 90% and 95% LTV products.

For house purchases the reductions include the 90% LTV 2-year fee-free fixed rate being cut to 2.67% and the 95% LTV 2-year fee-free fixed rate being cut to 3.39%.

Both products come with free valuation and £1,000 cashback.

For remortgage customers, improvements include the 90% LTV 2-year fee-free fixed rate being reduced to 2.70% with free valuation, free legals and £1,000 cashback.

The 95% LTV 5-year fixed rate has also been reduced to 3.59% with a £495 fee, free valuation, free legals and £500 cashback.

Jemma Anderson, product manager at Accord, said: “We’ve seen a positive response from brokers for the new higher LTV products launched earlier this month, so have made reductions on a number of products to ensure we remain competitive and offer real support to those with smaller deposits or equity.”