Accord Mortgages is cutting rates on its residential new business product range next week, as well as reducing minimum loan sizes on lower loan-to-value (LTV) products, offering more choice to borrowers.
Effective from 8am on Monday (6 July 2026), the range refresh includes reductions on two-year fixes by up to 0.30%, with three-year rates reduced by as much as 0.29%. For borrowers looking for longer-term stability with a five-year fix, options include products with rates reduced by up to 0.21%.
Accord is also reducing minimum loan size requirements on selected products up to 75% LTV from £50K to £30K; and has relaunched a range of products at 65% LTV with rates starting from 4.47%, and 80% LTV with rates starting from 4.54%.
Highlights of the new range include:
- A two-year fixed rate up to 95% LTV, available for house purchase, at 6.39% (was 6.69%), with a £495 fee and standard valuation
- A two-year fix up to 80% LTV, available for those remortgaging, at 4.72% (was 4.90%), which comes with a £1,495 fee, standard valuation and £500 cashback
- And a fee-free five-year fix on the 5K Deposit Mortgage, available for first-time buyers with just a £5,000 deposit on a home worth up to £500K, at 6.44% (was 6.64%), which comes with standard valuation and £300 cashback.
Jeremy Duncombe, managing director of Accord Mortgages, said: “We’re so pleased to be able to reduce rates on a wide variety of product options, including our innovative 5K Deposit Mortgage, which was specifically designed to offer borrowers with just a £5,000 deposit the chance to fulfil their home ownership dreams. We’re also offering more flexibility and choice for those with smaller borrowing requirements by reducing our minimum loan size.”
