Accord and Leeds unveil five-year fixes

Accord and Leeds unveil five-year fixes


Todays other news
The number of low-deposit mortgage deals available at 90% and...
The latest fall in inflation to 2.6% suggests that a...
One Mortgage System (OMS), the single-input enquiry to completion processing...
The Mortgage Works has boosted its support for limited company...
Legal & General (L&G) Retail Protection has signed a five-year...


Accord Mortgages and Leeds Building Society have launched new five-year fixed-rate mortgages with added incentives.

Intermediary-only lender Accord’s deals are aimed at borrowers with a 25% or 20% deposit and all have a £845 fee.

They are open both those looking to remortgage or buy a home, and includes reductions of up to 0.65% on Accord’s existing five-year offerings.

The range also offers £250 cashback on completion and free standard valuation for house purchases, or free standard valuation and legal fees for remortgages.

The deals charge 2.49% to 75% LTV, 2.59% to 80% LTV, 2.89% to 85% LTV and 3.39% to 90% LTV.

Borrowers looking to buy a home with a 5% deposit can get a 4.49% five-year fixed rate mortgage, with no product fee and £750 cashback on completion and free standard valuation.

First-time buyers will get an additional £500 cashback on completion, bringing the total cashback to £1,250.

David Robinson, national intermediary sales manager at Accord Mortgages, said: “We believe these mortgages will prove attractive to customers looking for a competitive rate with the security of knowing what the exact repayments will be for the next five years.”

Leeds Building Society has launched new fees-assisted five-year fixed rate mortgages across a range of LTVs.

The new deals charge 2.50% to 65% LTV, 2.65% to 75% LTV, 2.69% to 80% LTV and 2.94% to 85% LTV.

Each comes with a low £199 fee and a free valuation, with fees-assisted legal services for standard remortgages.

Martin Richardson, Leeds Building Society’s director of business development, said: “Longer term fixed rate deals are looking increasingly attractive as the likelihood of a change in the bank base rate has receded again.

“These products are also available for home purchase – the 80% LTV deal at 2.69% is proving particularly popular with borrowers with a larger deposit.”

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Introducer Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
The number of low-deposit mortgage deals available at 90% and...
The latest fall in inflation to 2.6% suggests that a...
Legal & General (L&G) Retail Protection has signed a five-year...
The changes take effect today, Wednesday April 16...
Before inflation rose, some analysts hoped for four cuts this...
Nationwide has gone in the opposite direction to the Bank...
Recommended for you
Latest Features
The number of low-deposit mortgage deals available at 90% and...
The latest fall in inflation to 2.6% suggests that a...
One Mortgage System (OMS), the single-input enquiry to completion processing...
Sponsored Content
Historically second charge mortgages or secured loans as they are...
Lenders must say what they mean and mean what they...
Fraudsters attacking the conveyancing sector, successfully stealing large sums of...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here