Accord makes reductions of up to 32 basis points | Mortgage Strategy

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Accord has cut rates to a number of its products.

The headline reduction occurs within its Deposit Unlock range, where the 95% LTV zero fee five-year fix has been cut from 6.42% to 6.10%.

This is available for new build purchases and comes with a free standard valuation and £250 cashback.

The £495 fee version, meanwhile, has seen its price reduced from 6.32% to 6.04%.

Other highlights include the 60% LTV five-year fix being cut from 5.52% to 5.29%. This also charges a £495 fee, comes with a free valuation and £500 cashback.

The lender has also made cuts of up to 30 basis points to its standard variable rates.

Accord mortgage manager Gemma Hyland says: “We’re really pleased the market is showing such positive signs of improvement which is enabling us to make these types of changes in quick succession.

“There’s improvements for a variety of different clients with this new range, but with the end of Help to Buy looming we’re sure improving our Deposit Unlock options will give brokers more welcome choice for new-build buyers.”


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