Accord slashes 5-year fixes

The intermediary-only lender, which is part of the Yorkshire Building Society Group, has introduced three 5-year fixed rates at 80% LTV.

These stand at 3.44% with an £845 product fee, 3.54% with an £845 fee and free standard valuation and 3.64% with a £345 fee, 250 cashback and free standard valuation.

David Robinson, national account manager at Accord Mortgages, said: “We always do our best to respond to feedback from brokers and this is another example where we have listened to the market and reduced some of our two and five year fixed rate mortgages.

“As well as providing competitively priced mortgages, we will continue to offer both brokers and customers the excellent standard of service and support they have come to expect from us.”

Rates have also been reduced on 5-year 85% and 95% LTV mortgage and 2-year 65% and 75% LTV products.