Accord Mortgages will cut its residential mortgage range by up to 20 basis points from Wednesday (9 November). 

The broker-only lender adds it will reduce selected rates across a number of loan-to-values, starting from 75%, including reductions of up to 16bps at 95% LTV from Wednesday (9 November). 

Highlights of the new range include: 

A three-year fixed-rate loan of 5.80% (was 5.95%) at 75% LTV, which comes with a £995 fee, £500 cashback and standard valuation, available for house purchase 

A two-year fixed-rate deal of 5.93% (was 6.13%) at 85% LTV, which comes with a £995 fee, £500 cashback and standard valuation, available for remortgaging 

And a five-year fixed-rate offer of 6.04% (was 6.20%) at 95% LTV, which comes with a £495 fee, £750 cashback and standard valuation, available for house purchase 

The firm, owned by Yorkshire Building Society, says the new range also includes standard variable rate discounted products, including a two-year discounted variable rate of 4.39% at 65% LTV, which comes with a £995 fee, £500 cashback and standard valuation, available for both house purchase and remortgage. 

Accord Mortgages mortgage manager Gemma Hyland says the move will “benefit homeowners and buyers with both small and large deposits”.