Accord Mortgages cuts rates across whole prime range

  • Story by: David Pawsey
  • Magazine: MortgageAdviser
  • Published Thursday , September 04, 2008

Accord Mortgages has taken advantage of the falling swap rates by cutting rates across its full prime range by up to 70 basis points.

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As a result, all products will be withdrawn at close of business on today (4 September) and new products will be available from tomorrow (5 September).

Highlights of the new range include two-year fixed rates from 5.19 per cent, three- and five-year fixed rates from 5.69 per cent and an expanded range of remortgage products with legal fees paid, free valuation and no product fee.

Cate Hillis, strategic development director for Accord Mortgages' said: "We have acted quickly following recent falls in swap rates and we're delighted to be able to offer borrowers these great reductions.

"Accord continues to offer an extremely competitive range of remortgage products featuring legal fees paid and free valuation - along with the new no product fee option."

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