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About Accord Mortgages
Accord Mortgages is the intermediary-only subsidiary of the Yorkshire Building Society. This means their mortgages are unavailable to the general public, but as a whole-of-market broker, Teito we can offer Accord deals as part of our portfolio, and you can compare what the lender is offering against other mortgage providers via our free service.
Accord Mortgages offer a range of mortgage products (fixed and variable deals) up to 95% loan-to-value (LTV), including:
- Bad credit mortgages
- Mortgages for new build properties
- Buy-to-let mortgages
- Interest Only
- Offset
- Joint borrower, sole proprietor mortgages
As a broker-only lender, Accord's criteria can be more flexible to accomodate complex customers, such as borrowers with light adverse credit or contractors who don't fit the lending criteria at high steet banks and building societies.
At Teito, our team of experts work with hundreds of lenders, including Accord Mortgages, to find the perfect mortgage for you. Whatever your situation, we make sure you get the best deal possible. Get started comparing Accord Mortgages deals online now.
Do Accord offer bad credit mortgages?
Accord offer bad credit mortgages under the right circumstances, but their lending decision will depend on the type of adverse credit you have and how long it has been on your credit report for. For example, they will consider mortgage applicants with missed or late payments on an unsecured credit agreement as long as there were no more than two of them in the last 24 months, and the latest payment was made.
For severe forms of bad credit, such as debt management plans (DMPs), County Court Judgements (CCJs), individual voluntary arrangements (IVAs), Accord states that the issue will need to have been discharged for at least six years before they will consider the applicant for a mortgage.
What interest rates do they offer?
The exact interest rate you will be offered by Accord Mortgages will depend on a range of factors, including the type of mortgage you are applying for, whether you are an existing customer, the amount of deposit you have, and your credit history.
At the time of writing, Accord's mortgage interest rates start at 4.73% for new and existing customers, but keep in mind that this could change at any time. Foixed-rate mortgages with a 5-year inductory rates period have the lowest rates right now (April 2024).
The lender's standard variable rate (SVR) was increased from 7.99% to 8.24% on 24th September last year.
You can browse morgage rates from Accord and compare them with competitors from across the market for free one Teito. Get started below to view their products as well as those from rival mortgage providers below: