The range offers a number of products which meet the needs of these borrowers and positions Accord as being competitive in this category.
The new products feature:
• 2 year tracker rates starting from 2.84% for loans up to 75% LTV
• 2 year fixed rates starting from 3.59% for loans up to 75% LTV
• 2 year fixed rates starting from 4.84% for loans up to 85% LTV
• No fee and 0.50% fee options
• Minimum loan £750,001
• Maximum loan £1.5m at 75% LTV and £1m at 85% LTV
• Offset options available at 75% and 85% LTV
• No booking fee
Iain Smith, sales director at Accord said: “We’ve seen an increasing appetite for larger loans over the past few months. The feedback from our partners showed a need for choice and competition and we think we’ve answered this with our great range of new products for larger loan sizes.
“We are committed to working with our key lending partners and providing competitive, tailored products to support them and their advisers."
