Accord launches larger loan mortgage range
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Accord has today launched a range of new mortgage for borrowers requiring larger loans of up to £1.5m.
The range includes two-year trackers with rates starting from 2.84 per cent for loans up to 75 per cent loan-to-value, and a variety of two-year fixed-rates with rates starting at 3.59 per cent for loans up to 75 per cent LTV and 4.84 per cent for loans of up to 85 per cent LTV.
The minimum loan is £750,001 and the maximum loan available is £1.5m at 75 per cent LTV and £1m at 85 per cent LTV.
Offset options are available at 75 and 85 per cent LTV and there is no booking fee.
Accord sales director Iain Smith says: “We’ve seen an increasing appetite for larger loans over the past few months. The feedback from our partners showed a need for choice and competition.
“We are committed to working with our key lending partners and providing competitive, tailored products to support them and their advisers.”
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