Accord Mortgages is offering its lowest ever two-year fixed rate at 80% loan-to-value (LTV) with a 0.99% two-year fixed rate mortgage for borrowers with a 20% deposit.

The mortgage was made available on September 19 for a limited period. It includes a £1,495 product fee plus free standard valuation on offer to both home buyers and remortgage customers.

“We have a reputation for offering competitive rates,” David Robinson, national intermediary sales manager at Accord, commented. “We’re really proud to launch this new deal as not only is it our lowest ever rate, it’s also one of the most competitive mortgages available across the market at present.

He added: “This new mortgage is available to any borrower with a minimum deposit of 20% and gives brokers the chance to proactively contact clients who are looking to snap up a great rate.”

“This offer will not be around for long, so anyone who is interested will need to act fast. We will give brokers 24 hours’ before we take the mortgage off-sale.”