ACCORD CUTS RESIDENTIAL RATES ACROSS THE BOARD

06 October 2026

Accord Mortgages is cutting rates on its residential new business product range this week to offer better value to brokers and their clients.

Effective from 8am tomorrow (Tuesday, 6 September, 2026), the range refresh sees reductions of 0.10% applied to all of the intermediary-only lender’s fixed rate mortgage products available for new business.

This includes the lender’s £5K Deposit Mortgage, a unique product designed to enable borrowers to purchase a property valued up to £500,000 with just a £5,000 deposit, designed to help tackle one of the biggest challenges faced by first-time buyers – the ability to save a big enough deposit.

Highlights of the new range include:

• A five-year fixed rate at 5.25% (was 5.35%) for remortgages at 65% LTV, which comes with a £1,495 fee, standard valuation and £500 cashback
• A fee-free two-year fix at 5.90% (was 6.00%) for house purchasers at 90% LTV, which comes with £300 cashback and standard valuation
• And a fee-free five-year fix at 6.78% (was 6.88%) for first time buyers with a £5,000 deposit, which comes with standard valuation.

Jeremy Duncombe, managing director of Accord Mortgages, said:

“We’re delighted to be reducing rates across the range, including on our innovative £5K Deposit Mortgage, reaffirming our commitment to providing excellent value and helping brokers to support more aspiring homeowners to achieve their dreams.”