Accord Mortgages has made cuts of up to 10 basis points within its higher-LTV set of mortgage products.

For purchases, the 90 per cent LTV five-year fix has had 4 basis points removed, bringing its rate down to 3.57 per cent. This product charges a £495 fee and comes £750 cashback and free valuation.

Meanwhile, the 85 per cent LTV two-year fix has had 10 basis points removed to give a rate of 2.93 per cent and the 85 per cent LTV five-year fix has had 6 basis points cut, giving a rate of 2.93 per cent also. Both also charge a £495 fee and come with £500 cashback and free valuation.

For remortgages, headline changes include the 85 per cent LTV two-year fix with £995 fee having 10 basis points cut, providing a rate of 2.72 per cent, and the 85 per cent LTV two-year fix with £495 fee and £250 cashback seeing 5 basis points removed to give a rate of 2.86 per cent.

The latter product above comes with free valuation and remortgage legal service.

Accord mortgage manager Jemma Anderson says: ““Brokers will notice both shorter and longer initial deal terms benefit from the changes, and there’s options for both house purchase clients and those looking to remortgage.

“With a number of incentives remaining on mortgages across the range, we’re confident this revised range will be welcomed.”