Accord launches products at up to 90% LTV | Mortgage Introducer

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Notable deals include a 90% LTV 3-year fix at 3.74%, which includes a £495 fee, £750 cash back and a free valuation

A 75% LTV 3-year fix at 1.98%, with £495 fee, £500 cash back and free valuation has also been added.

In addition, a 90% LTV 2-year fix at 3.95%, and an 80% LTV 2-year fix at 2.53% have been introduced.

Both deals are fee-free, with the former deal also offering £250 cash back, free legals and valuation, while the latter includes £750 cash back, and a free valuation.

All of the above offerings are available for house purchase and remortgage.

Furthermore, the lender has also reduced rates across a number of products.

Highlights include the 75% LTV 5-year fix cut from 1.92% to 1.89%, and the 85% LTV 2-year fix cut from 2.90% to 2.86%.

Both offerings include a £995 fee and are available for house purchase or remortgage.

Jemma Anderson, product manager at Accord, said: “Despite the current lockdown, we know the appetite to move house or make home improvements is still strong and with the market remaining open for business, we want to make sure we offer brokers as comprehensive a choice of products as possible.

“By launching the 3-year fixed rate at 90% we are providing additional support to those with a low deposit and the fee-free products, which have been incredibly popular to date, help reduce initial costs for those on a budget.”