Accord Mortgages has announced reductions to selected rates across its 85% and 90% LTV range by up to 13 basis points.

The intermediary-only lender has also introduced new options at 80% LTV to support more brokers and their clients.

Launching today, highlights of Accord’s revised range for house purchases requiring 90% LTV include a two-year fixed rate at 3.35%, which is down from 3.48%, as well as a fee-free two-year fixed rate at 3.65% – which was 3.78%. A five-year fixed rate has also been cut from 3.57% to 3.51%.

The lender has also introduced two new products available for both house purchase and remortgage clients requiring 80% LTV.

A two-year fixed rate of 1.99% and a five-year fix of 2.20% are available, while a large loan product, at 85% LTV and available up to £2m, has also been introduced at a rate of 2.74% fixed for two years.

Accord mortgage manager, Jemma Anderson, commented: “We’re pleased to have been able to make a number of reductions in our higher LTV mortgage range, giving brokers and their clients with smaller deposits more choice.

“We’ve also added new home loan options at 80%, giving both house purchase and remortgage customers short and longer-term fixed alternatives.”

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