Accord expands 5-year fixed range

Accord Mortgages has expanded its 5-year fixed rate offering with products starting from 2.49% to 75% loan-to-value with an £845 fee.

Accord Mortgages has expanded its 5-year fixed rate offering with products starting from 2.49% to 75% loan-to-value with an £845 fee.

Other 5-year fixes stand at 2.59% to 80% LTV and 3.39% to 90% LTV with an £845 fee, while borrowers can also take out a 5-year fix at 2.89% to 85% LTV with a £345 fee.

The mortgages come with £250 cashback on completion and a free standard valuation, while remortgaging customers get free legals.

David Robinson, national intermediary sales manager at Accord Mortgages, said: “We are always looking at ways to offer borrowers value for money and we believe that these mortgages will prove very attractive to those customers who are looking for a competitive rate with the security of knowing what the exact repayments will be for the next five years.

“We believe these changes provide borrowers with a wide range of competitive options and will prove extremely popular with brokers.”

Also available is a 95% LTV 5-year fix at 4.49% with no product fee, £750 cashback on completion and a free standard valuation.

First-time buyers get an additional £500 cashback on completion, bringing the possible total to £1,250.