This website is for use by authorised intermediaries only. Existing customers should visit the customer site Customer site here

14/12/2020
Accord launches new Help to Buy products

Accord Mortgages is launching a new range of Help to Buy products to support first-time buyers applying for the new government scheme to get a foot on the property ladder.

The collection of two and five-year fixed rate products previously available for the current scheme have been refreshed and are being launched ahead of reservations for the new scheme commencing on Wednesday 16 December 2020.

As of today, (Monday 14 December), brokers can select:

  • A two-year fixed rate at 2.10% at 60% LTV with a £495 product fee, £500 cashback and free valuation
  • A five-year fixed rate at 2.16% at 60% LTV with a £995 product fee, £1000 cashback and free valuation
  • A two-year fixed rate at 2.19% at 75% LTV with a £495 product fee, £500 cashback and free valuation
  • A five-year fixed rate at 2.25% at 75% LTV with a £995 product fee, £1000 cashback and free valuation
  • These products can also be used for any Help to Buy applications in Wales which will continue using its existing scheme until 2022.

    Nicola Alvarez, corporate account manager – proposition development at Accord Mortgages said:

    Having already supported the purchase of nearly 3,000 homes within the current Help to Buy scheme, we are delighted to be launching a range of products for the new scheme and help even more would-be home owners make that first purchase.

    There are some key changes between the current and new scheme, most notably that all applicants must be first-time buyers, having never owned a home anywhere in the UK or the world. There are also regional caps, all the details of which can be found in our Growth Series Help to Buy guide. We are committed to supporting brokers with the transition as well as offering the dedicated New Build support, underwriting and service brokers have come to expect from us.

    As part of this product change Accord is also launching eight fee free products between 75-85% LTV with up to £500 cash back and free valuations for house purchase and up to £250 cash back, free valuation and free legal services for remortgages.

    Accord will still accept applications for the current scheme – the same product rates and incentives apply.

    To access a free copy of the latest Help to Buy Growth Series guide, please click here.

    Manage preferences

    Select the cookies that you are happy for us to collect in order to personalise and enhance your experience.

    Your preferences will be valid for 12 months. You can review your choices at any time in your browser settings. To find out how to manage your cookies and what information is being collected read our Cookies policy

    Cookies strictly necessary

    Essential for the functioning of the website. These allow you to browse and navigate our site.

    Performance (analytics) cookies

    Used to understand how people use our website. These allow us to track users through the site so we can make informed decisions on improvements. These cookies don't collect information that identifies a visitor.

    Advertising cookies

    Used to try and understand which of our products and services are relevant to you.

    Save changes