Residential product changes
Residential product changes – Tuesday 4th June
We're extending end dates to 31st October. Therefore all current products will be withdrawn at 8pm Mon 3 June and replaced on Tues 4th June:
Residential rates being reduced
- 10 year Fixed rate at 75% LTV reduced by 5bps to 2.44%
- Selected Fixed rates at 95% LTV reduced by up to 9bps
Residential rates increasing
- 2 year HTB rates at 60% LTV increased by up to 6bps
- 2 year HTB rates at 75% LTV increased by 2bps
- Selected Fixed rates at 90% LTV increased by up to 5bps
End dates extended to 31st October
Please note we have also withdrawn the product switch fee.
The current product range will be withdrawn at 8pm on Monday 3rd June and the new products will be available from 9am on Tuesday 4th June.
The rest of the range remains unchanged.
To make sure we can provide a great service for you and your client, check the best way to get in touch with us.
Depending on your query, there are a number of channels you can use to access information directly.
Accord Mortgages has enhanced its portability procuration fee, launched new high LTV products for transferring customers and improved its residential portability process making the journey more user-friendly for brokers.
Accord Mortgages has removed all property value restrictions and returned its maximum loan size to £5million for residential and £1million for buy-to-let applications.
We are increasing selected rates at 90% LTV by up to 0.18% (average 0.13%) and withdrawing a 3 year product.
For brokers with clients financially affected by coronavirus (Covid-19), mortgage payment holidays from Accord Mortgages can now be applied for via an online form.
Any broker in the South West will know Rhiannon Adams and if they claim they don’t, they will probably recognise Wilbur the Welcome Box, who has an impressive following on social media where he documents his travels, touring famous landmarks and scenic viewpoints.
Following the re-commencement of physical valuations, Accord Mortgages has made a number of significant updates to its lending policies to help support both home buyers and owners.
Accord Mortgages is increasing its maximum loan-to-value (LTV) to 90%..
We've made the decision to bring forward some planned changes to our new and additional Residential lending criteria.
Selected rates will be reduced across the range (75% to 85% LTV) by up to 0.10%. We are also reintroducing cashback at 80% and 85% LTV.
Whilst brokers may be missing the physical presence of their Accord Business Development Manager (BDM) their product expertise and criteria knowledge is still being shared with advisers across the UK, albeit virtually.
All product codes are being refreshed to ensure correct reversionary rates are applied to all new business residential products following the SVR reduction on Sunday 19th April.
We're extending our residential product range and increasing selected rates
To ensure you can continue to support your clients, we wanted to update you on the measures we are taking to ensure we can offer the best possible service in these unique circumstances.
The current range will be withdrawn on Wednesday 11th March at 8pm and replaced at 9am Thursday 12th March with end dates extended to 31st July.
We're increasing our maximum age and maximum term for residential lending.
Brokers have a responsibility to have realistic conversations about money and affordability
We've entered the 15-year fixed rate mortgage market with a new product for clients wanting long-term stability.
Protecting vulnerable clients is the duty of every broker says YBS customer service delivery manager.
Homes England credits brokers for good level of understanding amongst borrowers
First-time buyers are increasingly choosing 'forever' homes when taking their first step onto the property ladder.
We’re reducing selected 3 & 5 year fixed rate products and increasing selected 2 year fixed rate products
We’re making changes to our residential product range on Tuesday 4th June
We're making changes to our Product Transfer (PT) range from 8am on Friday 31st May.
Highlighting our great sales team, direct access to underwriters, the Growth Series content and our Welcome Boxes.
The Accord Growth Series has been recognised by marketing and content professionals and shortlisted by marketing industry title Prolific North.
Read about our latest Growth series podcast with Shaun Church, Director at Private Finance.
We’re changing our provider of Free Standard Legal Remortgage services.
We’re updating our Product Transfer range at 9am on Thursday 29 November.
We're rolling out a new and improved approach to new-build lending
We’re making the following changes to our residential product range at 8am on Wednesday 31 October
Good news for your clients whose current Accord residential products are about to end.
Accord business development adviser is the face of Yorkshire Building Society apprenticeships
We are really excited to announce the new development of the Accord Growth Series.
We’re making the following changes to our residential product range at 9am on Friday 27 July
our Product Transfer range
We’ve cut rates today on 16 of our Product Transfer deals by up to 0.12%.
Accord’s been busy making the changes you asked for over the past couple of years