Accord Mortgage is reintroducing two- and three-year fixed mortgages at 90% LTV as of tomorrow, 10 February.

The new range includes deals for borrowers requiring new build, boost LTI (loan to income) or cascade score options, which offer higher income multiples, and flexibility for clients who don’t meet Accord’s higher loan-to-value scorecard, so they can be considered under its standard one.

The intermediary-only lender has also reduced rates across other mortgage products, including cuts of up to 0.30% at 85% LTV, and 0.20% at 90% LTV.

New products include:

• A two-year fixed rate of 5.17% at 90% LTV, which comes with a £995 fee, £500 cashback and free standard valuation, available for house purchase
• A three-year fix at 5%, to 90% LTV for remortgage clients, which comes with a £995 fee, £250 cashback, remortgage legal services and free standard valuation
• A three-year fixed rate of 4.90% (was 5.20%) at 85% LTV, available for those remortgaging, which comes with a £995 fee, £250 cashback, remortgage legal service and free standard valuation
• A five-year fix at 4.47% (was 4.62%) available up to 75% LTV, which comes with a £995 fee, for both house purchase and remortgage clients.

Accord mortgage manager Gemma Hyland says: “We’ve reviewed our product range and are now in a position to add shorter-term deals at 90% LTV, offering additional options to borrowers with smaller deposits who may wish to fix for a shorter period, due to market uncertainty or personal circumstances.

“We’ve decided to reduce rates across the board after continuing to carefully monitor market conditions, to ensure we’re offering the most competitive value.

“I’m sure these changes will be welcome news to brokers and their clients.”