Accord, Clydesdale and Bank of Ireland in latest round of rate cuts

Accord, Clydesdale and Bank of Ireland in latest round of rate cuts

Accord, Clydesdale Bank and Bank of Ireland are the latest lenders to announce rate cuts this week.

They join NatWest, TSB and a host of others that have lowered their prices since Monday.

Tomorrow, Accord will be cutting costs on a range of residential deals for new borrowers:

75%, 80% and 85% LTV fixed rates will be cut by up to 20 basis points 
90% LTV fixed rates will be reduced by up to 14 bps

Clydesdale Bank is making rate cuts to the following product categories tomorrow:

In its core resi range, selected two and five-year fixed rates will be reduced by up to 28 bps
Exclusive large loan two and five-year fixes will be reduced by up to 22 bps
Core buy-to-let fixes will be cut by up to 14 bps
New two and five-year products at 80% LTV will start from 4.95%.

Bank of Ireland will also cut rates on a number of products tomorrow.

The full list of products being withdrawn and their replacements is on the lender’s intermediary website now.

The post Accord, Clydesdale and Bank of Ireland in latest round of rate cuts appeared first on Mortgage Strategy.

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