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Accord launches ten-year fixed rate

Accord Mortgages has introduced a new ten-year fixed rate mortgage with loan-to-values between 75 and 85 per cent and rates starting from 5.24 per cent.

The announcement comes with a number of rate reductions across Accord’s mortgage range, with the cuts taking effect from June 2.

The lender has cut its five-year fixed rates by up to 0.5 per cent, with rates now starting from 4.19 per cent.

Two and three year-fixed rates have been cut by 0.35 per cent and 0.45 per cent respectively, meaning two-year fixed rates now start from 3.14 per cent while three-year fixes start at 3.64 per cent.

Two-year trackers with an 85 per cent LTV now start from 3.69 per cent, down 0.30 per cent.


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