Accord cuts the price of 2 year fixed rate mortgage deals.
Accord are a further lender to announce a reduction in the cost of 2 year fixed rate mortgage deals. So far other lenders have included Nationwide and the Skipton BS.
Accord's 2 year fixed rate mortgages are now 0.2% cheaper, which is of benefit to all borrowers. In particular those with a smaller deposit are to be given help to buy a home or remortgage.
For 85% LTV a 2 year fixed rate mortgage is now on offer from Accord at 3.09%, which is down from 3.29%. For those with a slightly larger 25% deposit the rate on offer is now 2.99%, which is a reduction of 0.1%. Product fees are reasonable too and are set at £845.
In a bid to help more buyers Accord has also advised that various deals within its range are now available with a free standard valuation and free legals.
If you are looking for a competitive 2 year fixed rate mortgage you are advised to call Deal Direct for a 'whole of market' mortgage comparison.
Deal Direct can help you find the best mortgage deal tailored to your available deposit and financial needs.