Accord reintroduces tracker products – Mortgage Strategy

Accord Mortgages has relaunched a series of tracker products, cut rates and introduced new offers.

Notable reintroduced tracker mortgages include the 75 per cent LTV two-year tracker at 1.71 per cent, which was previously set at 65 per cent LTV.

This product was taken off the market a month ago, and has a £995 product fee, free valuation and no ERCs.

The lender has also cut its rates on a series of products, including the 90 per cent LTV five-year fix from 2.94 per cent to 2.75 per cent.

This offering comes with £1,000 cashback, free legals and free valuation for remortgages.

Furthermore, Accord has introduced a new product – a 95 per cent LTV two-year tracker at 2.89 per cent. This offer has a £995 product fee, free valuation and no ERCs.

Accord Mortgages mortgage manager Jemma Anderson comments: “We have seen strong demand for our existing tracker and following our conversations with brokers we know they want more flexible products, should their clients’ circumstances change.

“Broker feedback is important to us and where possible, we do respond to information shared by our BDMs, telephone and web chat advisers.”

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