Accord News
- 20 December - Christmas opening hours
- 05 December - New Business product rates at 75% LTV 06 December
- 01 December - EBT and AL Product Launch 02 December
- 23 November - New 2 & 3 year Fixed rate products 24 available November
- 14 November - Accord Product withdrawal and Launch 15 November
- 21 October - New hybrid product options available from 24 October
- 28 September - Existing customer fixed rate reductions
- 19 September - New 5 Year Tracker to Fixed EBT Products
- 13 September - 2 year fixed rate cuts from Accord
- 07 September - Your processing team colour get through to the right team
- 01 September - Fixed Rate Reductions
- 23 August - Improved Online Application Process
- 26 July - Further minor adjustments to Accord product range
- 21 July - Minor adjustments to product range
- 18 July - New - 5 Year Tracker to Fixed
- 11 July - Rate Reductions of up to 0.35%
20 December - Christmas opening hours
During the Christmas period we will be closed for business on the following days:
- Sat 24 December 2011
- Mon 26 December 2011
- Tue 27 December 2011
- Sat 31 December 2011
- Mon 2 January 2012
We will be open for business as normal on Wednesday 28 December, Thursday 29 December and Friday 30 December but will be closing at 5pm on these days (rather than 6pm.)
Normal service and working hours will resume on Tuesday 3 January 2012.
Accord Mortgages would like to wish all our customers a very Happy Christmas and New Year!
05 December - New Business Product Changes at 75% LTV 06 December
Following recent increases in funding costs we will be making changes to our 75% LTV tracker and tracker to fixed rate products. These products will be withdrawn at 8pm Monday 5 December and replaced at 9 am Tuesday 6 December.
Product changes at 75% LTV
- Tracker product rates will increase by 0.20‑0.40%.
- Tracker to fix the tracker part of these products will increase by 0.10‑0.30%. The fixed rate part will of selected products will change between 0.10 0.20% .
Remaining the same:
- 75% LTV 2, 3 & 5 yr fixed rate & fixed Offset variant products
- All 85% LTV Products
- End dates 31 January
Important information about Booking Fees:
- Any booking fee is payable as part of the full mortgage application process and is non-refundable.
- The full mortgage application should not be started unless you receive an 'Accept' Lending Decision. Please await the outcome of referrals as the booking fee is not refunded in the event of a decline.
- In the event of a product withdrawal, a full mortgage application must be completed (ONLY if an 'Accept' Lending Decision has already been received) and the booking fee paid to reserve the product before midnight on the date of withdrawal.
- Processing of your application will not commence until the booking fee is paid.
01 December - EBT and AL Product Launch 02 December
The Accord Existing Borrower Transfer and Additional Loan product range will be withdrawn and re-priced with end dates extended to 28 Feb.
Changes in market swap rates have enabled us to review our product range and some products will increase in rates. However, we are pleased to be able to pass on rate reductions on selected fixed rate products.
EBT and AL Rate Changes (including Offset variants):
- 2, 3 & 5 year fixed
- 2 year fixed self cert
- 2 year tracker
- tracker to fixed
All end dates will change to 28 February.
The following products remain unchanged:
- 3 year fixed at 85% LTV
- 5 year fixed at 75% LTV
All EBT and AL products will be withdrawn on Thursday 1 December at midnight and replaced on Friday 2 December at 9am.
Important information about Booking Fees:
- Any booking fee is payable as part of the full mortgage application process and is non-refundable.
- The full mortgage application should not be started unless you receive an 'Accept' Lending Decision. Please await the outcome of referrals as the booking fee is not refunded in the event of a decline.
- In the event of a product withdrawal, a full mortgage application must be completed (ONLY if an 'Accept' Lending Decision has already been received) and the booking fee paid to reserve the product before midnight on the date of withdrawal.
- Processing of your application will not commence until the booking fee is paid.
23 November - New 2 & 3 year fixed rate products available 24 November
Accord Mortgages will re-price its New Business 2 and 3 year fixed rate products on Thursday 24 November, following the withdrawal of these products at midnight Wednesday 23 November.
This re-price generally reflects the recent upward movement in market swap rates, with rates increasing by between 0.25% and 0.40%.
- 2 year fixed rate increase 0.30% - 0.40%
- 3 year fixed rate increase by 0.25%.
- End dates will remain at 31 January.
All 2 year trackers, 5 year fixed rates and 5 year tracker to fixed products will remain unchanged.
Important information about Booking Fees:
- Any booking fee is payable as part of the full mortgage application process and is non-refundable.
- The full mortgage application should not be started unless you receive an 'Accept' Lending Decision. Please await the outcome of referrals as the booking fee is not refunded in the event of a decline.
- In the event of a product withdrawal, a full mortgage application must be completed (ONLY if an 'Accept' Lending Decision has already been received) and the booking fee paid to reserve the product before midnight on the date of withdrawal.
- Processing of your application will not commence until the booking fee is paid.
14 November - Accord Product withdrawal and Launch 15 November
We’re further improving our product range and will be making a series of changes to our 85% LTV product range on Tuesday 15 November. These changes are designed to further improve our proposition for customers in need of a larger loan percentage relative to their deposit.
Summary of changes at 85% LTV:
- New 2 year fixed rate products, with and without incentives. Maximum loan size of £150K
- New 2 year tracker products, with and without incentives. Maximum loan size of £150K
- Rate reductions of 0.10% for 3 and 5 year fixed rate standard £995 fee, including offset variants
- The minimum loan amount on certain 2 year fixed and tracker rate products with £995 fee will increase to £150K
Selected 3 & 5 year 85% LTV products will be withdrawn at midnight on Monday 14 November and replaced as detailed above.
Important information about Booking Fees:
- Any booking fee is payable as part of the full mortgage application process and is non-refundable.
- The full mortgage application should not be started unless you receive an 'Accept' Lending Decision. Please await the outcome of referrals as the booking fee is not refunded in the event of a decline.
- In the event of a product withdrawal, a full mortgage application must be completed (ONLY if an 'Accept' Lending Decision has already been received) and the booking fee paid to reserve the product before midnight on the date of withdrawal.
- Processing of your application will not commence until the booking fee is paid.
21 October - New hybrid product options available from 24 October
Accord’s new business range will be withdrawn at 5pm on Friday 21 October. Our refreshed range will include the introduction of new tracker-to-fixed products and will reflect the increase in market funding costs for certain product terms/LTVs, however our 3 year fixed rate pricing will remain unchanged.
- Up to 0.25% increase on rates for certain products.
- End dates to 31 January 2014/2015/2017
- New tracker-to-fixed product options
- at 75% and 85% LTV
- standard and offset products
- £995 standard fee’
- Free valuation and cashback for house purchase products
- Free valuation and free legal service for remortgage products
New products will be available from Monday 24 October at 9am.
Existing Customer product changes: 3 year fixed rates up to 100% LTV will increase from Monday 24 October. The existing products will be withdrawn at midnight on Sunday.
Important information about Booking Fees:
- Any booking fee is payable as part of the full mortgage application process and is non-refundable.
- The full mortgage application should not be started unless you receive an 'Accept' Lending Decision. Please await the outcome of referrals as the booking fee is not refunded in the event of a decline.
- In the event of a product withdrawal, a full mortgage application must be completed (ONLY if an 'Accept' Lending Decision has already been received) and the booking fee paid to reserve the product before midnight on the date of withdrawal.
- Processing of your application will not commence until the booking fee is paid.
28 September - Existing customer fixed rate reductions
Accord is pleased to announce fixed rate reductions to our Existing Borrower Transfer and Additional Loan range. Our current range will be withdrawn on Wednesday 28 September at midnight. New products will be available from Thursday 29 September at 9am. The new range will include:
EBT and Additional Loan Range
- Withdrawal and re-price of Accord EBT and additional loan range.
- End dates for all products moved to 31 December.
- EBT fixed rates reduced by between 0.15% and 0.35%.
- Additional loan products updated in line with changes to EBT pricing.
19 September - New 5 Year Tracker to Fixed EBT Products
Accord is delighted to announce the launch of an EBT 5 year tracker-to-fixed product with Offset variant. These products will be available from Monday 19 September at 10 am.
- 5 year products comprise of a 2 year tracker period followed by a 3 year fixed period
- Products will be available up to 75% LTV
- Offset variant will be available
Our core EBT and Additional Loan range remains unchanged.
13 September - 2 year fixed rate cuts from Accord
We’re further improving the competitiveness of our 2 year fixed rate products from tomorrow, Wednesday 14 September. These changes reflect movement in our funding costs, allowing us to offer even more attractive products to our customers.
- 75% LTV rates will reduce by 0.15%
- 85% rates will reduce by 0.20%.
- Product end dates will remain 31 October
- No other pricing or range structure changes are proposed at this time.
Important information about Booking Fees:
- Any booking fee is payable as part of the full mortgage application process and is non-refundable.
- The full mortgage application should not be started unless you receive an 'Accept' Lending Decision. Please await the outcome of referrals as the booking fee is not refunded in the event of a decline.
- In the event of a product withdrawal, a full mortgage application must be completed (ONLY if an 'Accept' Lending Decision has already been received) and the booking fee paid to reserve the product before midnight on the date of withdrawal.
- Processing of your application will not commence until the booking fee is paid.
07 September - Your processing team colour get through to the right team
We’ve made changes to our telephone service to help you get through to the person handling your application first time, every time.
Applications in progress you can call the Case Manager working on your application directly. Your Case Manager will provide their extension number to you at the start of processing your case. You can call them if you need to query something or provide information.
If you do not know your Case Manager's extension number, please call your Team.
If you know your BDM, check the list below to find out your processing team. (If you don’t know your BDM, find out here). Then simply call 0845 1 200 882 and press 1 for cases in progress and then listen for your team colour.
Yellow
Rachel Seymour
Steve Fox
Green
Barbara Carr
Malcolm Trewick
Red
Sharon Cochrane
Chris Sanderson
Nadeem Iqbal
Blue
Gerry Dobbin
Nick Watkin
Purple
Eileen Howard
Colin Newbold
Black
Iain Cunningham
Steve Barrett
Bob Gore
For new business enquiries simply call your development adviser direct. You can find their contact details here. They are office based and available when your BDM is in meetings.
We are committed to providing a dedicated, personal service and these changes aim to get you straight through to the person who is dealing with your business when you call.
01 September - Fixed Rate Reductions
Accord is delighted to announce that from 2 September we will be cutting our fixed rates to make them more competitive. To take advantage of the new lower rates for your customers, please wait until tomorrow to submit applications. Remember, lending decisions already completed remain valid for the new range (up to a maximum of 30 days).
- End dates extended to 31 October
- All fixed rate products reduced by between 0.10% and 0.45%.
- 3 year capped tracker products will be withdrawn and not replaced.
- Tracker product rates remain unchanged at competitive rates.
- 5 year hybrid tracker-to-fixed products will see a reduction in the 3 year fixed element
- Fixed rate and tracker products with £300, £400 or no product fee will be withdrawn and not replaced.
- For fixed rate and tracker products which currently have a minimum loan of £150,000 the minimum loan will be reduced to £30k (£50k for incentive products).
For the launch of the new range, we will be changing our presentation on Trigold. Products will appear directly under the Accord brand rather than listed as available from our lending partners. The existing product range will be withdrawn on Thursday 1 September at 12 pm midnight and the new product list will be made available on our website at that time.
Important information about Booking Fees:
- Any booking fee is payable as part of the full mortgage application process and is non-refundable.
- The full mortgage application should not be started unless you receive an 'Accept' Lending Decision. Please await the outcome of referrals as the booking fee is not refunded in the event of a decline.
- In the event of a product withdrawal, a full mortgage application must be completed (ONLY if an 'Accept' Lending Decision has already been received) and the booking fee paid to reserve the product before midnight on the date of withdrawal.
- Processing of your application will not commence until the booking fee is paid.
23 August - Improved Online Application Process
We know your time is valuable so we are delighted to announce that in response to your feedback we have made important changes to our application process:- Our new look form now includes top navigation, improved error handling and hover over help text to ease the input of information.
- Questions have been reviewed and moved to more logical sections of the form.
- The form has been made more interactive: some pages and questions only appear if they are relevant to your client information to speed up the data collection process.
We have had several requests for our Offset and Cost calculators to make a return to the website so we have made these available when you log in.
All these changes have been carefully developed for you with input from the team at Accord. These improvements will be available from midnight Tuesday 23 August - we hope that you enjoy the benefits they offer.
26 July - Further minor adjustments to Accord product range
The following 75% LTV products will be withdrawn at midnight tonight:
- 7889 2.89% 2yr Fixed, £495, fee free val & legal
- 7934 3.84% 5 yr Fixed, £495 fee
- 7935 3.94% 5yr Fixed, £495 fee free val & legal
- 10577 - BoE+1.69%, 2yr Tracker £495 fee
For the time being these products will not be replaced. No further changes are planned to the Accord new business range.
All other semi-exclusive products remain unchanged and will still be available.
The product list will be updated on our website from midnight tonight.
Important information about Booking Fees:
- Any booking fee is payable as part of the full mortgage application process and is non-refundable.
- The full mortgage application should not be started unless you receive an 'Accept' Lending Decision. Please await the outcome of referrals as the booking fee is not refunded in the event of a decline.
- In the event of a product withdrawal, a full mortgage application must be completed (ONLY if an 'Accept' Lending Decision has already been received) and the booking fee paid to reserve the product before midnight on the date of withdrawal.
- Processing of your application will not commence until the booking fee is paid.
21 July - Minor adjustments to product range
The following 75% LTV products will be withdrawn at midnight tonight:- 7888 - 2.79%, 2 year Fixed with £495 fee
- 10578 - BoE+1.79%, 2 year tracker with £495 fee
For the time being these products will not be replaced.
There are no immediate plans to make further changes to the Accord new business range.
All other semi-exclusive products remain unchanged and will still be available.
The product list will be updated on our website from midnight tonight.
Important information about Booking Fees:
- Any booking fee is payable as part of the full mortgage application process and is non-refundable.
- The full mortgage application should not be started unless you receive an 'Accept' Lending Decision. Please await the outcome of referrals as the booking fee is not refunded in the event of a decline.
- In the event of a product withdrawal, a full mortgage application must be completed (ONLY if an 'Accept' Lending Decision has already been received) and the booking fee paid to reserve the product before midnight on the date of withdrawal.
- Processing of your application will not commence until the booking fee is paid.
18 July - New - 5 Year Tracker to Fixed
Following the changes to the Accord semi-exclusive range, we're launching a range for 5 year tracker-to-fixed products available from Tuesday 19 July.
- The 5 year products comprise of a 2 year tracker period followed by a 3 year fixed period
- Products will be available up to 85% LTV
- Products will have a £1,995 fee
- Offset variants will be available
Sourcing: Please note these products will source as 5 year trackers.
Important information about Booking Fees:
- Any booking fee is payable as part of the full mortgage application process and is non-refundable.
- The full mortgage application should not be started unless you receive an 'Accept' Lending Decision. Please await the outcome of referrals as the booking fee is not refunded in the event of a decline.
- In the event of a product withdrawal, a full mortgage application must be completed (ONLY if an 'Accept' Lending Decision has already been received) and the booking fee paid to reserve the product before midnight on the date of withdrawal.
- Processing of your application will not commence until the booking fee is paid.
11 July - Rate Reductions of up to 0.35%
New business fixed rate and two year tracker products will be reduced further as of Tuesday 12 July.
- All fixed rate pricing will reduced by up to 0.35%.
- 2 year tracker rates will reduce by 0.30%.
- Capped tracker products and product end dates will remain unchanged.
Products will be withdrawn at midnight Monday 11 July. New products will be available from 9am Tuesday 12 July.
Important information about Booking Fees:
- Any booking fee is payable as part of the full mortgage application process and is non-refundable.
- The full mortgage application should not be started unless you receive an 'Accept' Lending Decision. Please await the outcome of referrals as the booking fee is not refunded in the event of a decline.
- In the event of a product withdrawal, a full mortgage application must be completed (ONLY if an 'Accept' Lending Decision has already been received) and the booking fee paid to reserve the product before midnight on the date of withdrawal.
- Processing of your application will not commence until the booking fee is paid.