A new 3 year fixed rate mortgage range is launched by Accord.
If you are looking for a 3 year fixed rate mortgage Accord advise they have a new range of fixed deals available for 75% loan to value.
Accord has launched eight new 3 year fixed rate mortgage products for 75% loan to value, starting at 3.19% with mortgage fees of £995. The lender advises that overpayment is allowed up 10% each year without penalty.
A spokesperson commented on the new 3 year fixed range advising that falling funding costs have enabled it to pass on its reduced costs. According to the lender the new products launched offer customers the opportunity to fix a 3 year deal for little more than the cost of a 2 year deal.
Last month Accord cut its rates, announcing that its 2 year fixed mortgage range would be cut by 0.30%. Smaller deposit deals for 90% loan to value were included in the range, which was positive news for first time buyers who have experienced a significant reduction in available products in the last year.
For 90% loan to value Accord reduced its rate to 5.29% with a £995 fee, also on offer is a 2 year tracker at 2.99% and a 2 year fixed rate for 75% loan to value at 3.19% also with a £995 fee.
Whether you are considering a 2 or 3 year fixed rate mortgage you are recommended to contact Deal Direct, our advisers can search the whole of the UK mortgage market to source a low deposit, low rate offer.
Call one of our advisers today for a quote.
