Accord Mortgages has today launched five new remortgage options for borrowers with deposits of 10, 20 and 25 per cent.
The range includes a five-year fix at 2.09 per cent at 75 per cent LTV. It has a £495 product fee, £500 cashback on completion and free standard valuation.
The lender has also launched a two-year fixed rate at 80 per cent LTV at 1.70 per cent.
This option has a £495 fee plus £250 cashback on completion, free standard valuation and free legal fees.
Accord has also cut rates on higher LTV mortgages.
Accord mortgage manager Ben Merritt says: “There is some trepidation among borrowers as the Bank of England suggested that interest rate rises may come thick and fast, so many are keen to lock into a good deal now.
“This is why we have decided to launch a choice of competitive options to suit a range of borrowing needs and budgets.”
