Accord launched the £5k deposit mortgage last year enabling first time buyers to purchase a property up to a maximum of £500,000 with just a £5,000 deposit. The property is available to houses and flats with the exception of new build flats.
The product is available on a repayment basis only and the maximum age at the end of the mortgage term is 70 years. The five year fixed rate has been reduced from 5.74% to 5.69%.
To discuss the Accord mortgage with a local mortgage broker please contact us.
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