Accord Mortgages has launched a new range of high LTV products to help more FTBs get onto the property ladder.
Accord revealed its nine new products, specifically for those buying their first home, are available at 90% and 95% LTV on both two and five-year fixed terms, and come with an additional £250 cashback.
The new range also includes options for both new build houses and flats at 90% LTV.
Accord product manager, Jemma Anderson, commented: “We know that the current climate presents many challenges to FTBs, so these new products enable buyers with smaller deposits more options to get the home they want.
“We’ve recently made a number of criteria changes to improve affordability for those starting on the property ladder, such as increasing the maximum term from 35 years to 40 years to help make monthly payments more manageable.
“We hope this new range offers those looking to buy their own home a bit more support, along with the added incentive of free valuation and £1,250 cashback to help ease the financial pressures of moving.”
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