Line Mortgage Quote
Mortgage Repayment Insurance
Mortgage Intermediaries eagerly await your mortgage or remortgage
On Line Mortgage Quote Form to
have your case looked at by an intermediary to make sure you can
borrow the amount you want. You will NOT be credit searched at this
point. This will only be carried out as part of a further request for a
"decision in principle". (Remember to use the further
information box to specify that it is an Accord mortgage that you are
The lenders latest
quotes can then be sent by email for you to consider.
Accord Mortgages is the dedicated intermediary lender from the
Yorkshire Building Society Group. Conceived on 14
Accord launched with a range of offset, fixed and tracker mortgages,
plus a 100% Professional Mortgage deal. Their range features a 3 year
internet only fixed rate, underlining Accordís commitment to growing its
electronic business quickly. In addition, two exclusive products have
been developed Ė a 3 year fixed rate and a 2 year fixed rate offset
Linda Will, Managing Director of Accord said, "The freedom to design the
products that key intermediaries want has always been one of the main
reasons for developing Accord Mortgages so Iím really pleased that our
launch range includes two exclusives".
One of the market leading products offered by Accord Mortgages is their
With the Accord Mortgages offset account you can combine your mortgage
and savings balances to make your money work harder. The mortgage and
savings remain separate, but the balance on the offset
savings account is taken from the offset mortgage balance before Accord
Mortgages calculate the amount of mortgage interest to be charged to the
mortgage borrowers account.
Reduced payments or reduced mortgage term
You then have two payment options:
1. The gross payment option - you pay the same amount that would have
been paid if the savings were not being used to reduce the mortgage
interest. This could potentially save you thousands of pounds in mortgage
interest payments. If you have a repayment (capital and interest) mortgage you
are also likely to finish paying off your mortgage significantly sooner.
2. The net payment option - as your monthly interest is reduced by your
savings, you can choose to pay only this reduced amount. This means that
monthly payments are less than they would have been without the benefit
of the offset savings. This won't however reduce the mortgage term using
this payment option.
can move between the two options as many times as you wish!
And itís simple - Accord Mortgages offset account is designed to be less
Accord Mortgages don't insist you open a current account or take out a
Accord Mortgages don't insist that your salary are paid into the
Accord Mortgages don't ask for a large minimum deposit to be paid into
the savings account.
Accord Mortgages Offset account Ė the details
Yours offset account combines your mortgage and savings to make your
money work harder.
There are flexible features such as daily interest charging,
overpayment, underpayment and payment holidays. Interest will continue
to be charged during payment holidays.
Offset is available for house purchase and re-mortgage.
No interest is earned on savings, but interest is only charged on the
difference between the offset mortgage balance and the offset savings
Up to three savings accounts can be linked to the offset mortgage.
Maximum balance allowed is 100% of the offset mortgage balance.
To find out more about Accord Mortgage mortgages , simply complete
the Mortgage Quote form