The lender is offering a 2-year fix at 4.49% with an £845 fee and a 4.79% equivalent with £750 cashback for people who don’t want to pay a fee.
David Robinson, national intermediary sales manager at Accord Mortgages, said: “We are always looking to help people achieve their dream of getting on the property ladder and owning their first home.
“Reducing mortgage rates to offer competitive rates and value for money will clearly help to do this but we also offer an incentive product for borrowers with a 5% deposit.
“This reduces the upfront cost of taking out a mortgage and the cashback on completion means there is help for unexpected legal fees.”
Accord has also cut rates at 65%, 75%, 80% and 85% LTV.
