Accord Mortgages has released a 90% loan-to-value (LTV) mortgage product.
The offering is a 90% LTV 5-year fix at 3.59%, with a £495 product fee, free valuations and available on loans up to £500,000.
For borrowers seeking loans between £500,001 and £600,000, the same product is accessible at 3.69%.
A fresh start on the horizon?
The mortgage product is available exclusively for brokers, and will be available between 5 October and 6 October.
Jeremy Duncombe, director of intermediary distribution at Accord Mortgages, said: “Once again our teams have worked their magic to ensure we can return to market as quickly as possible and continue providing help to those wanting to make their first purchase.
“Our priority continues to be offering brokers the support they have come to expect of us.
“With the limited releases we’ve found a consistent formula which enables us to offer much-needed products whilst being able to maintain a high level of service.”