Accord has pulled its 90 per cent loan-to-value mortgages from sale following “unprecedented demand”.

The lender only returned to offering products for borrowers with a 10 per cent deposit on May 20 after reducing LTVs during lockdown.

But the lack of other high-LTV has seen it flooded with demand and so it has withdrawn deals in order to “maintain service levels”.

Accord says that since re-entering the market in mid-May, it has received “higher than expected volumes of applications”, so the current range will be withdrawn at 8pm tonight for a limited period.

Accord director of intermediary distribution Jeremy Duncombe says: “As one of the few lenders offering products at 90 per cent LTV, we have seen a significant increase in applications since re-launching last month. 

“Our service levels are something brokers know they can rely on, so to ensure we can maintain the standards expected of us, we have taken the difficult decision to temporarily withdraw the range.

“Our commitment to supporting brokers and their clients and our desire to lend is still as strong as ever and we look forward to re-entering the market as soon as service levels allow.”