The intermediary-only lender says the updated range will feature reductions of up to 25 basis points on selected products at 80% LTV and above. 

It will also boost cashback on selected products. 

Highlights among the cuts, which come to market on Monday (19 July), include: 

A two-year fixed-rate mortgage at 1.93%, from 1.97%, at 80% LTV, available for both house purchases and remortgage, with a £995 fee. This comes with £1000 cashback and free standard valuation.

A two-year fixed-rate offer at 2.27%, from 2.34%, at 85% LTV, available for house purchase and remortgage, with a £995 fee. This also comes with £1000 cashback and free standard valuation.

A three-year fixed-rate product at 3.13%, from 3.38%, at 90% LTV, available for remortgages, with a £495 fee. This comes with £750 cashback, free remortgage legal service and free standard valuation.

And a five-year fixed-rate deal at 3.16%, from 3.32%, at 90% LTV, available for house purchase. This comes with a £495 fee, £1000 cashback and free standard valuation.

The firm says borrowers who want to buy a home with a 5% deposit also have access to offers, including a two-year fix at 3.56%, from 3.69%. This comes with a £495 fee, £1000 cashback and free standard valuation.

It adds all products at 75% LTV remain unchanged, as does all its Help to Buy and new build products at 90% LTV.

Accord Mortgages mortgage manager Jemma Anderson says: “We’re committed to supporting the market, and hope these latest changes offer brokers and their clients better value, especially for those looking to secure a mortgage with a smaller deposit.” 

Earlier this week, Accord cut rates on its buy-to-let range by up to 38 basis points.