Products available are a 2-year fixed rate of 3.79%, which comes with a £995 product fee, free standard valuation and £250 cashback, or a fee-free 2-year fix at 3.98%, which also comes with free standard valuation.

Both mortgages are available to house purchase customers only.

Accord has also reduced the rate on its 5-year fixed rate mortgage to 3.89%, down from 3.99%, available with a £995 product fee and free standard valuation.

Jemma Anderson, mortgage manager at Accord Mortgages, said: “We’re really pleased to introduce two-year fixed rates to our 95% LTV range, giving brokers more choice for their clients with the smallest deposits.”