Accord cuts rates up to 0.45pc

The range includes a 2-year fixed rate at 3.74%, a 5-year fixed rate at 4.64%, and a 2-year tracker at Bank Base Rate +2.89%. Products are available at 85% LTV and come with a £995 fee.

The repriced range also sees rates on 75% LTV fixes being cut by up to 0.25%.

It includes offset options and deals designed for first-time buyers offering a range of incentives including cashback and free valuations.

Accord’s tracker to fix hybrid products are also included in the range with deals starting from BBR +1.69% for two years then 3.39% fixed for three years for loans up to 75% LTV and BBR +2.89% for two years then 4.44% fixed for three years for loans up to 85% LTV.

Steve McAvan, group intermediary product manager, said: “Recent movements in swap rates have given us the opportunity to shave the rates on our fixed rate deals.

“Our new range still includes offset options, products suitable for first-time buyers and our popular tracker to fixed hybrid deals, ensuring we provide brokers with a broad range of competitive products to suit the needs of their clients whilst still providing some of the best rates on the market.”