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Accord withdraws products

Accord has launched a range of new products after withdrawing its existing range on Friday.

In a statement sent to brokers on Friday, the mortgage lender said it was pulling the products to help the firm manage its service levels.

The statement says: “We apologise for the short notice, this is to help manage our service levels, which as you may know are not currently to our usual high standard.”

As part of the move, the no fee products and a number of products with incentives will not be replaced. Products with 1 per cent cashback have also being withdrawn and are not  being replaced.

The new products, available from today, feature rate cuts of up to 0.65 per cent for fixed rates.

It has also made changes to its semi-exclusive range, including the introduction of new three and five year fixed rate products at a range of LTVs. End dates have also been extended to April 30.

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