Mortgages  

Accord offers 1.99% two-year fixed rate mortgage

Intermediary-only lender Accord, part of the Yorkshire Building Society group, has cut rates on selected 65 per cent, 75 per cent, 80 per cent, 85 per cent and 90 per cent loan-to-value (LTV) fixed rate loans.

Incentives, including free standard legal work and free valuations, are also being offered on selected products.

Deals include a two-year fixed rate at 1.99 per cent, with a £345 product fee, free standard valuation and free legal fees, and a five-year fixed rate of 2.79 per cent rate with an £845 product fee. Both fixed rates are available to customers at 65 per cent LTV.

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Accord is also offering a three-year fixed rate at 2.44 per cent, with a £345 product fee, for customers with a 25 per cent deposit.

David Robinson, national account manager at Accord Mortgages, said: “We are continually striving to deliver good value mortgages which are attractive to brokers and customers. We believe these low-rate, low-fee options will appeal to a wide range of customers.”

Offset alternatives are available on selected products, with rates 0.2 per cent higher than their non-offset equivalents.

emma.hughes@ft.com