ACCORD CUTS RESIDENTIAL RATES BY UP TO 0.30% AND REDUCES MINIMUM LOAN SIZE

03 July 2026

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.”