Accord For Intermediaries: Accord Mortgages Lenders

Accord For Intermediaries

Accord Mortgages is the brand of the Yorkshire Building Society. It is one of the largest building societies in the U.K. Accord Mortgages operates as a separate intermediary, the only leading branch of the Y.B. Society.

Focus on providing mortgage products and services through mortgage advisers. Accord mortgages are part of the larger banking company. Their product rate and services change over time.


Accord Mortgages itself launched in n2003 as a separate intermediary only leading brand under the YBS umbrella. It has also been known for offering a variety of mortgage products, tracker mortgages, and offset mortgages.

The intermediary-only model means that individuals seek a mortgage from accord. It typically goes through mortgage brokers or advisers rather than dealing directly with the lender.

Types of Accord Mortgages

  • Residential mortgages (for a standard home).
  • Buy-to-let mortgages (for renting a property out, both individually and through a limited company.
  • Help to buy (government scheme to help your first home).
  • Mortgage for self-employed people ( constructors and freelancers).

Maximum Mortgage term

Accord Mortgage offers the flexibility of obtaining a mortgage with a term of up to 40 years. It’s important to note, though, that the mortgage must be fully repaid by the time the borrower reaches 80 years of age.

While the extended mortgage term allows for more manageable monthly payments, it’s essential to consider that option for a longer term will result in higher overall interest payments.

Mortgage Overpayments

Mortgage allows borrowers the flexibility to make annual payments of up to 10%. A feature aligns with standard practices in the mortgage industry. Overpayments involve paying more than the agreed-upon regular amount.

This additional payment contributes to lowering the outstanding mortgage balance. This can result in significant savings over time, making valuable options for borrowers looking to reduce their overall mortgage costs.

Chargers of Accord Mortgages:

Arrangement fee

Arrangement fee is associated with securing the mortgage and can vary from $0 to $5,000. For conventional mortgages, like residential loans for standard homes, the range is typically $0 to $999. It is possible to include this fee in the mortgage amount, allowing the borrower to defer upfront payments.

Valuation fee

The valuation fee covers the cost of assessing the property value to ensure it aligns with the mortgage. While it may be occasionally free, it often falls in the range of up to $500. It is a suitable valuation fee.

The specific mortgage you choose may come with additional perks and special offers. It includes the cashback, depending on the timing of your application. Additionally, there could be another additional fee. It includes charges for a personal survey to access the property conditions and legal fees.

Habito offers unique services where they handle not only the mortgage process but also take care of legal works and surveys. This all-in-one approximate is exclusive to Habito and can save time, stress, and money.

Accord Mortgage safe

Accord Mortgages

Yes! Obtaining a mortgage from the Accord mortgage is secure as part of the YBS, a sustainable building society in the United Kingdom. They operate within a robust financial institution.

Accord Mortgages is authorized and regulated by the Financial Conduct Authority. Signifying that they undergo thorough reviews and approval processes to offer the mortgage. Several people can use their products and services.

Key Features

  • Intermediary-only mortgage lender.
  • Flexible underwriting means you may be approved for a loan even if you do not meet the lending criteria.
  • Lending at multiples of up to 5.5 times income.
  • Residential and buy-to-let mortgages.
  • Special offers for first-time buyers, including up to $500 cashback.


  1. Good range of products including new build and help.
  2. Offers 95% LTV up to $600,00 residential mortgages.
  3. Offers 80% LTV up to $500,00 buy-to-let mortgages.
  4. Can overpay up to a maximum of 10%.
  5. Income multiples of up to 5.5 times if the salary is more than $70,000 per year.


  1. Only access through an intermediatory.
  2. Does not accept CCJs or bankruptcy within the past 6 years.
  3. Does not offer 95% LTV mortgages for buyers purchasing newly built flats.

Valuation of Accord Mortgages

A mortgage valuation is a difficult step taken by mortgage lenders. Some lenders conduct a basic valuation initially and later perform a more good assessment. The purpose of this valuation is to obtain an unbiased evaluation of the property value.

This process confirms the property’s worth, and validity the lenders offer loan amounts. It also safe the lenders’ interest by ensuring the property which serves the accord mortgages. Inj such processes, like a mortgage valuation, are performed before issuing a mortgage offers in-depth inquiries.

Requirements of the company

  • You must be at least 18 years old.
  • You must have been permanently resident in the U.K. for at least two years.
  • You must be a U.K. citizen or hold a European passport.

Unacceptable residential property types

  • No internal bathrooms and W.C. or kitchen.
  • Freeholds flats and maisonettes.
  • Agricultural properties with restrictive covenants.
  • Studio and basement flats.
  • Shared ownership.
  • Flats with balcony access.
  • Live/work properties.
  • Right to buy.
  • Ex-local authority within any pre-emption period.
  • Timeshare accommodation and holidays home.
  • The dwelling is totally timber construction, i.e., not clad with brick, stone, etc., including the log cabin type of construction.

Suppose you encounter difficulties in meeting your mortgage payments in the is advisable to contact us promptly. By doing so, we can explore your circumstances and, whenever feasible, provide assistance tailored to your individual needs.

It is hard to understand that your mortgage represents a loan secured by your home. As a last resort, if you fail to keep up with mortgage payments or seriously bear your obligations. We retain the right to take action.


In conclusion, Accord Mortgage generally provides good service. You note this important thing that you can’t approach them directly. Reliable mortgage brokers will not only guide you through the process but also search for the best deals across mortgage lenders, without the need for you to especially request their services.

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