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TODAY'S OTHER NEWS

Accord launches £495 fee remortgage options

Accord Mortgages has revealed competitive remortgage options with a £495 fee and the benefit of additional features.

The new products from the intermediary-only lender includes two-year fixes at 1.42% at 65% LTV, 1.46% at 75% LTV and a rate of 1.55% for those with a 20% deposit.
Each mortgage comes with free standard valuations, £500 cashback on completion, and free legal fees.

David Robinson, national intermediary sales manager at Accord, said: “September marks the start of one of the busiest periods of mortgage maturities in over five years, so we expect to see a high level of remortgage activity over the coming months.”

A 1.84% three-year fix or a 2.10% five-year fix is available to remortgaging borrowers with a 25% deposit. Both have no product fee and include £250 cashback on completion, along with free standard valuation and free legal fees.

“We want to provide a choice of competitive mortgages to borrowers coming to the end of their current deal,” Robinson added. 

“We hope our new offerings plus the rate reductions we’ve made will suit a range of borrowers’ needs, including longer-term options for those looking to maximise on the current low-rate environment.”

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