Accord Mortgages has announced this morning that it has cut 65% LTV fixed rates by up to 0.12%.

According to the lender, they are now offering borrowers looking to remortgage a two-year fixed rate at 1.87% at 65% LTV with no product fee, and a choice of either £250 cashback on completion and free standard valuation, or free standard valuation and legal fees.

Also available is a two-year fixed rate mortgage at 1.94% at 65% LTV for house purchases. There is no product fee and the mortgage comes with £250 cashback on completion and free standard valuation.

David Robinson, National Intermediary Sales Manager at Accord, said: “We are always looking at ways to offer borrowers value for money and we believe that these mortgages will prove very attractive thanks to the highly competitive rates and choice of incentives. We hope brokers looking for competitive deals on house purchases and remortgages will welcome these new rates and pass them on to customers.”