The intermediary only lender has announced the launch of the latest reductions to Accord residential rates by up to 0.3% across its 2 year fixed rate 90% loan to value (LTV) range, and will now be offering mortgages which include £250 cashback upon completion, as well as free standard valuation.
Accord is now offering a 90% LTV 2 year fixed rate mortgage at 2.39% which comes with an £845 product and is available for both property purchases and remortgages. Now providing competitive rates for borrowers with a 10% deposit, Accord residential mortgages now boasts the option of largely reduced upfront costs when purchasing a home following these updated cashback and valuation deals.
For customers looking to avoid a product fee, Accord residential mortgages are now offering a 90% LTV 2 year fixed rate at 2.79% which comes with £250 cashback upon completion, as well as free standard valuation for house purchases.
The lender has also applied further changes to Accord residential mortgage products, available for a limited period only, great for customers looking for a competitive 2 year deal. These changes include a 0.1% cut to both 5 year fixed 90% LTV products and 2 and 5 year 85% LTV products. Despite increasing 3 year 85% LTV products by 0.05%, Accord have reduced its 95% LTV products by up to 0.2%.
In the spirit of Christmas, Precise Mortgages has also revealed a sack full of reduced fixed rates, but this time for its buy to let customers. This could be just what landlords need after the recent Autumn Statement has revealed that the tough buy to let market is not showing signs of easing up yet. Precise Mortgages latest limited edition products, launched especially for the festive season, include a lifetime tracker at 3.49% with a £2,495 fee and a 2 year tracker at 3.39% with a £1,955 fee. Precise Mortgages will also be offering a 5 year fixed product at 3.99% and a 2 year fix at 3.69%, both with a £1,955 fee for buy to let customers.