Accord angers brokers with sudden mortgage withdrawals

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Accord Mortgages has withdrawn its entire range of prime fixed rate and tracker products, with a new range to be launched on Monday.

But the lender says some of the products it is withdrawing will not be replaced next week. The withdrawal covers Accord’s entire range of fixed rates, remortgages, trackers, offsets, self-certs and additional loans. The lender has angered brokers by only notifying them of the changes an hour before the deals were withdrawn at 1pm today. Brokers have complained via the Accord forum that the sudden withdrawal of rates means there are no rates available over the weekend to be discussed with clients. If you would like to comment on this story, contact: John Bakie Tel: 020 7484 9805 e-mail:...

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