The intermediary lender will accept residential house purchase and remortgage applications up to 90% LTV, New Build purchases up to a 85% LTV and Help to Buy up to 75% LTV.

Accord will be re-launching 18 new products to support the new lending. Highlights of the 90% LTV range for house purchases include:

• A two-year fixed rate at 2.32% at 90% LTV with £495 fee, £500 cashback and free valuation
• A five-year fixed rate at 2.43% at 90% LTV with £495 fee, £500 cashback and free valuation

And for remortgages:

• A two-year fixed rate at 2.35% at 90% LTV with £495 fee, £500 cashback, free legals and free valuation
• A five-year fixed rate at 2.44% at 90% LTV with £495 fee, £500 cashback, free legals and free valuation

New Help to Buy products include:

• A two-year fixed rate at 1.93% at 60% LTV with £495 fee, £500 cashback and free valuation
• A five-year fixed rate at 1.99% at 75% LTV with £995 fee, £750 cashback and free valuation

Jeremy Duncombe, director of intermediary distribution at Accord Mortgages, said: “Hot on the heels of last week’s announcement where we improved our criteria and introduced physical valuations, we’ve been working hard behind the scenes to return to as much of our pre-lockdown criteria as we can. This means a welcome return to 90% LTV for purchase and remortgage from today.”

“We’re especially pleased to also be able to start lending up to 85% on New Build and offer Help to Buy products to support those who are keen to get on the housing ladder. We know the market is keen to get back to some sort of normal as fast as possible and these are all positive steps.”

At present, lending in Northern Ireland is not included in these changes, and is being looked at separately.

Accord Mortgages’ parent company, Yorkshire Building Society, is also increasing its maximum LTV to 90% on residential purchase and remortgage products and offering New Build purchases up to a maximum of 85% LTV.