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New Accord remortgage products remove upfront costs

Accord removes up-front costs from new remortgage products

Accord Mortgages has launched two new fixed rate mortgages with no upfront fees and added features to help borrowers manage the upfront cost of remortgaging.

The mortgages are available at 65% LTV for a two-year fix at 1.66% and 75% LTV for a five-year fix at 2.24%.

Both products come with free standard valuation and free legal fees.

The intermediary-only lender has also cut rates across its range by up to 0.1% for selected 65%, 75% and 80% LTV fixed rate mortgages.

David Robinson, national intermediary sales manager at Accord, said: “It is proving to be a popular time for borrowers to remortgage at the moment, especially those seeking lower loan-to-value deals.

“We believe that our new remortgage options will prove popular among borrowers and the options across the different terms – plus the additional features – will help brokers to choose the best loan to suit their clients’ requirements.”

Accord has also announced it has reduced the rate on its two-year base rate tracker product at 65% LTV by 0.05% to 1.24%.

This product gives borrowers the flexibility to exit their mortgage early without paying any early redemption fees.

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