Accord Mortgages will cut selected rates on higher loan-to-value residential products on Wednesday (26 May).

The intermediary-only lender says homebuyers with a 10% deposit can take up a two-year fixed rate of 3.30%, down from 3.35%, which comes with a £495 fee, £750 cashback and free standard valuation.

The firm adds that among its 85% LTV deals, is a two-year fixed rate of 2.45%, down from 2.50%.

And a five-year fixed rate of 2.75%, down from 2.77%, at 85% LTV.

Both of these offers are available to house purchase and remortgage customers, and come with a £995 fee, £300 cashback and free standard valuation.

However, the lender adds that rates on selected products at 75% LTV will rise, as part of the range review.

Accord Mortgages mortgage manager Jemma Anderson says: “We’re committed to supporting brokers and their clients with a broad range of options to meet varying needs and have reviewed our range to deliver better value.

“While some rates at lower LTVs have increased, we’ve extended end dates to September and made positive changes to our higher LTV range which will be welcomed by those with smaller deposits.”