Accord is slashing selected residential fixed rates by up to 25 basis points tomorrow.
The biggest rate reductions will be on its products for borrowers with a 10% deposit.
The lender has emailed brokers to let them know that it is making the following rate cuts to resi deals for new customers from 8am on Thursday:
- 75% LTV fixed rates will be reduced by up to 20 bps
- 80% LTV fixed rates will be reduced by up to 10 bps
- 85% LTV fixed rates will be reduced by up to 15 bps
- 90% LTV fixed rates will be reduced by up to 25 bps
Fees on products with no incentives will also be reduced by £500.
The lender will be extending end dates to 31 October.
