Accord is cutting rates on its residential product transfers and additional loans by up to 10bps.

The lender will withdraw its current ranges on 8pm on 30 November and launch new ranges on 8am on 1 December.

The new ranges will see 90% LTV rates cut by up to 10bps, 75% LTV options by up to 8bps and 65%, 80%, 85% and 95%+ ranges by 5bps.

Accord’s tracker rate products will see no changes.

In a note to brokers, Accord said the market was “volatile at present” but that the lender would always try to give 24 hours’ notice of any product changes.

Today Accord also trimmed rates on buy-to-let product transfers at 65%, 75% and 80% LTV by 5bps.