Accord Mortgages is repricing its products tomorrow with cuts of up to 31 basis points. 

Highlights of the new range include the following deals for purchases and remortgage.

• A five-year fixed rate at 1.80% (was 1.88%) at 80% LTV, which comes with a £995 fee, £1000 cashback and free standard valuation
• A five-year fixed rate at 2.17% (was 2.33%) at 85% LTV, which comes with a £995 fee, £1000 cashback and free standard valuation
• A three-year fix at 2.43% (was 2.73%) at 90% LTV, which comes with a £495 fee, £500 cashback and free standard valuation.

Accord mortgage manager Jemma Anderson says: “We’re delighted to launch this new range, including some market-leading products for brokers and their clients looking to take advantage of the current low interest rate environment.

“These changes offer great competitive value, suiting a variety of customer circumstances and borrowing requirements. We hope they will be welcomed by brokers and their clients.”

Rachel Springall, finance expert at Moneyfacts says:: “These new deals from Accord Mortgages may well be popular with borrowers looking for competitive fixed rate incentive package with a trusted brand.

“The combination of rate and generous incentive package of cashback and free valuation secures the five-year fixed rate deals market-leading positions on a true cost basis and are a great addition to the mortgage sector.”