Accord Mortgages has announced it is returning to the market with a new range of residential mortgages, following a temporary withdrawal.
The lender is now offering two and five-year products up to 85% loan-to-value (LTV), with rates starting from 5.95%.
Accord confirmed that selected products in the new range include a five-year fixed rate offering of 5.95% at 75% LTV, as well as a five-year fixed rate of 6.05% at 85% LTV, which each comes which come with a £995 fee and are both available for house purchase and remortgage.
The lender’s new range also includes a two-year fixed rate mortgage of 6.15% at 75% LTV, which comes with a £1,495 fee and is also available for those looking to purchase a house or remortgage.
Managing director at Accord Mortgages, Jeremy Duncombe, commented: “In what remains a volatile market, our primary focus has been to return to lending to give brokers and their clients choice in a way that is responsible for both borrowers and the organisation, while protecting service levels.
“This means that initially our range is slightly smaller than normal, but we plan to introduce more products, including buy-to-let, soon.”
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