Accord Mortgages and Yorkshire Building Society are improving their 90 per cent loan-to-value range by reducing product fees and launching a cashback.

The two-year fix at 90 per cent LTV has a rate of 3.69 per cent for both purchase and remortgage. The completion fee is £495, down from £995, plus a £750 cash back, free valuation for remortgage customers and legal fees are also included.

In addition, Accord is reducing selected rates across its 75 per cent to 85 per cent LTV range, which includes:

• A two-year fixed rate at 75 per cent LTV at 1.84 per cent, reduced from 1.92 per cent, for remortgage customers. This comes with a £495 completion fee, £250 cashback, free legals and valuation
• A two-year fixed rate at 85 per cent LTV at 3.07 per cent, down from 3.19 per cent for house purchases. The product has a £495 completion fee with £500 cashback and free valuation

Accord product manager Jemma Anderson says: “As part of our ongoing monitoring of the market, we have reviewed our rates and made selected reductions on our purchase products and incentives.

“With these updates and improved 90 per cent LTV products we are pleased to offer a comprehensive and competitive range to support brokers and their clients.”

The changes come into effect tomorrow (10 December).