Rates Reduced on Fixed-Rate Mortgages by Accord

Rates Reduced on Fixed-Rate Mortgages by Accord

Accord Mortgages has confirmed that a selection of its fixed-rate mortgages have had their rates lowered by up to 0.3 per cent, which falls in line with the company’s aims to provide both brokers and borrowers with value for money within various different aspects of its services.

The new deals apply to the 65, 75, 80, 85 and 90 per cent loan-to-value range which affects remortgage and house purchase customers, and there is also a 1.79 per cent two-year fixed rate mortgage available to home buyers with a 25 per cent deposit and £250 cashback once completed, as well as free standard valuation and no upfront fee.

“These rate reductions are part of our ongoing commitment to offer borrowers and brokers value for money across a wide range of mortgages” commented David Robinson, the national intermediary sales manager at Accord. “We believe these changes provide borrowers with a choice of competitive options and will prove extremely popular with brokers.”

Accord is an intermediary-only lender and is part of the Yorkshire Building Society, and this announcement clearly shows the company’s intentions to maintain its success in a competitive industry by luring in customers with improved and tempting rates.

A 1.69 per cent rate is also available for two years at 75 per cent LTV for remortgage customers, which has no legal fees included and once again has no upfront fee and free standard valuation, and there are many other temptingly-low rates that Accord have released to the public.

Financial adviser Mike Pendergast, who works for Zen Financial Services in Cheshire, has said, “They are very competitive rates, particularly if they have no arrangement fee. Accord is generally competitive but they can be a bit slow on processing.”

So will these new reduced rates mean more growth and custom for Accord in the future? Only time will tell.

to provide both brokers and borrowers with value for money within various different aspects of its services.

The new deals apply to the 65, 75, 80, 85 and 90 per cent loan-to-value range which affects remortgage and house purchase customers, and there is also a 1.79 per cent two-year fixed rate mortgage available to home buyers with a 25 per cent deposit and £250 cashback once completed, as well as free standard valuation and no upfront fee.

“These rate reductions are part of our ongoing commitment to offer borrowers and brokers value for money across a wide range of mortgages” commented David Robinson, the national intermediary sales manager at Accord. “We believe these changes provide borrowers with a choice of competitive options and will prove extremely popular with brokers.”

Accord is an intermediary-only lender and is part of the Yorkshire Building Society, and this announcement clearly shows the company’s intentions to maintain its success in a competitive industry by luring in customers with improved and tempting rates.

A 1.69 per cent rate is also available for two years at 75 per cent LTV for remortgage customers, which has no legal fees included and once again has no upfront fee and free standard valuation, and there are many other temptingly-low rates that Accord have released to the public.

Financial adviser Mike Pendergast, who works for Zen Financial Services in Cheshire, has said, “They are very competitive rates, particularly if they have no arrangement fee. Accord is generally competitive but they can be a bit slow on processing.”

So will these new reduced rates mean more growth and custom for Accord in the future? Only time will tell.

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