Accord is slashing chosen residential fixed rates by up to 25 basis points tomorrow.
The greatest fee reductions will probably be on its merchandise for debtors with a ten% deposit.
The lender has emailed brokers to allow them to know that it’s making the next fee cuts to resi offers for brand new clients from 8am on Thursday:
75% LTV fixed rates will probably be decreased by up to 20 bps
80% LTV fixed rates will probably be decreased by up to 10 bps
85% LTV fixed rates will probably be decreased by up to 15 bps
90% LTV fixed rates will probably be decreased by up to 25 bps
Fees on merchandise with no incentives may also be decreased by £500.
The lender will probably be extending finish dates to 31 October.