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Accord Mortgages launches new tracker products

Christina Hoghton
Written By:
Christina Hoghton
Posted:
Updated:
27/02/2024

The lender operates only via regulated mortgage brokers and offers products to homebuyers, remortgagors and landlords

Accord Mortgages, the broker lending arm of Yorkshire Building Society, has launched a new range of two-year tracker mortgages.

The new products are available to both residential and buy-to-let clients, with options up to 85% of the property’s value for residential clients, and with variable rates starting at just 4.19% for those with 25% upfront.

Landlords will also be able to benefit from new products up to 75% of the property’s value, with variable rates starting from just 4.32% for those with a 40% deposit.

Both the buy-to-let and residential ranges have products available for house purchase and remortgage, and all products come with a £995 fee and free standard valuation.

The mortgages include:

  • A variable rate of 4.19% at 75% of the property’s value, for house purchase
  • A variable rate of 4.39% at 85% of the property’s value, for remortgage clients, which also comes with free remortgage legal services.
  • A variable rate of 4.32% at 60% of the property’s value, available for house purchase and remortgaging, which also comes with £250 cashback
  • A variable rate of 4.33% at 65% of the property’s value, available for remortgaging, with free remortgage legal services.

Simon Garner, mortgage manager at Accord, said: “We’ve seen an uptick in demand for our discounted variable-rate products in recent weeks, and wanted to offer a more straightforward range for brokers and their clients.

“We have also acted on feedback that base rate trackers are well understood by clients, so we’re pleased to launch a number of tracker products to our residential and buy-to-let ranges.”