UK mortgage lender Accord Mortgages is reportedly adding a 100% value first time buyer mortgage to its portfolio of products. The company is also expanding its five-year fixed rate range to include fee assist and self-cert products.
The self-certification product provides up to five times income (for salaries of GBP30,000 or more) at a rate of 5.78%, while the fee assist product offers a rate of 5.83% with GBP300 cashback. Each for a five year period, Firstrung.com has reported.
Other products launched include: three-year fixed rates, three-year tracker existing borrower fixed rates and additional loan fixed rates.
Accord Mortgages is a member of the Yorkshire Building Society group and specializes in working with mortgage intermediaries.