Accord Mortgages reduces interest rates by up to 0.40%
14 August 2025
Accord Mortgages has today (Thursday, 14 August) reduced selected rates across its residential mortgage range, with drops of up to 0.40% among a wide selection of purchase and remortgage products.
The biggest reductions are to two-year fixed rates, at up to 0.40%. Three-year fixes are coming down by 0.34%, five-year fixes by up to 0.18% and two-year trackers by up to 0.23%.
At the same time, the Society is making smaller increases to a limited number of products to reflect market fluctuations – with a small number of two-year fixes increasing by up to 0.15%, five-year fixes by up to 0.17%, and 10-year fixes by up to 0.10%.
Product highlights from the new range, which includes a ‘market-leading’ deal*, include:
- A ‘market-leading’ three year fixed rate at 4.49% (was 4.69%), for house purchasers, up to 90% LTV, which comes with a £495 fee, a free standard valuation and £300 cashback
- A two-year fixed rate at 4.45% (was 4.55%), for people remortgaging, up to 80% LTV, which comes with a £495 fee, £500 cashback and a free standard valuation
- A three-year fixed rate at 4.23% (was 4.28%), for remortgage purposes, up to 75% LTV, which comes with a £495 fee, £500 cashback and a free standard valuation
- A two-year fixed rate at 4.40% (was 4.66%), for remortgaging, up to 75% LTV, which comes with no fee, a free standard valuation and remortgage legal work
- A two-year fixed rate at 4.75% (was 4.91%), for house purchasers, up to 90% LTV, which comes with a £495 fee and a free standard valuation.
Aidan Smith, mortgage product manager at Yorkshire Building Society, said:
“Maximising value for our borrowers is always our primary goal and so we’re delighted to be able to make these latest mortgage rate reductions.
“Although not the only thing that drives mortgage interest rates, the Bank of England’s recent decision to reduce its base rate from 4.25% to 4.00% has opened up fresh opportunities within the market for lenders like us; and we’ll certainly be keeping a lookout for more over the coming weeks.”
*According to Moneyfacts data, based on true cost, as of 12 August 2025.
