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Accord launches high-LTV remortgages

Accord Mortgages has today launched five new remortgage options for borrowers with deposits of 10%, 20% and 25%.

Accord Mortgages has today launched five new remortgage options. The range includes a five-year fix at 2.09% at 75% LTV. It has a £495 product fee, £500 cashback on completion and free standard valuation.

The lender has also launched a two-year fixed rate at 80% LTV at 1.70%.

This option has a £495 fee plus £250 cashback on completion, free standard valuation and free legal fees. Accord has also cut rates on higher LTV mortgages.

Accord mortgage manager Ben Merritt said:

“There is some trepidation among borrowers as the Bank of England suggested that interest rate rises may come thick and fast, so many are keen to lock into a good deal now.

“This is why we have decided to launch a choice of competitive options to suit a range of borrowing needs and budgets.”

 

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