For residential borrowers, products include a 5-year fixed rate of 2.69% (was 3.29%) for new build house purchases at 90% loan-to-value (LTV), which comes with a £495 fee, £250 cashback and free standard valuation.

A 5-year fixed rate of 2.39% (was 2.59%) for house purchase at 90% LTV, with a £495 fee, £500 cashback and free standard valuation and a 5-year fixed rate mortgage of 2.99% (was 3.17%) for house purchase at 95% LTV, with a £495 fee, £500 cashback and free standard valuation are now available.

Brokers with clients looking for even longer-term mortgages can benefit from a reduced 10-year fixed rate of 2.15% (was 2.33%) at 75% LTV.

Available to both house purchase and remortgage customers, this comes with a £495 fee and free standard valuation, but early repayment charges now start at 6% for the first five years (was 5%), reducing gradually over the remaining initial deal term.

Selected 5-year rates at 85% LTV have also been reduced by 0.10%, for both house purchase and remortgages.

Highlights for landlord clients requiring 80% LTV include a 2-year fixed rate of 2.91% (was 3.12%) for both house purchase and remortgage, which comes with a £995 fee, £250 cashback and free standard valuation.

Jemma Anderson, mortgage manager at Accord Mortgages, said: “We’ve made changes to our range of higher LTVs to give brokers supporting borrowers with smaller deposits more competitive choice when considering longer terms.”