Accord has today launched a 10-year fixed rate mortgage at 2.69 per cent.
The loan is available at 65 per cent LTV for house buyers and remortgagors.
It has a £995 product fee and free standard valuation.
Borrowers can make annual overpayments by up to 10 per cent without charge, and the mortgage is portable.
Accord mortgage manager Jemma Anderson says: “We’ve seen demand for longer term fixes increase recently, which is possibly due to economic and political uncertainty as well as the potential upward trajectory of the Bank Rate.
“So we felt it was important to offer a mortgage which will give borrowers long-term value for money and provide them with the reassurance of knowing exactly what their monthly repayments will be for a decade come what may.”
According to Moneyfacts the market average rate for a 10-year fix is 3.05 per cent as of 20 February.
