ACCORD 90% LTV PRODUCTS AVAILABLE UNTIL TUESDAY 10 NOVEMBER
Accord Mortgages is extending its 90% LTV home purchase range, available for first-time buyers* and home movers for an additional six days.
Originally due to end at 8pm on Wednesday 4 November, the broker-exclusive products will now be withdrawn at 8pm on Tuesday 10 November.
Jeremy Duncombe, Director of Intermediary Distribution at Accord Mortgages, said: “Since launching on Monday morning, we’ve seen the positive impact our increased capacity has had on service levels.
“The recent changes we made to LTI caps, as well as having a boosted underwriting team means we are ahead of where we planned to be and so have made the decision to extend the offering for longer. We hope advisers can support more clients get the homes they want.”
The home purchase products available for first-time buyers* and those wanting to move home are as follows:
- A five-year fixed rate at 3.79% at 90% LTV with £995 product fee and free valuation. Available for loans up to £500,000
- A five-year fixed rate at 3.89% at 90% LTV with £995 product fee and free valuation. Available for loans between £500,001 and £600,000
*At least one applicant must be a first-time buyer. Accord’s definition of a first-time buyer is someone who has never owned a property or held a mortgage before.