Accord 99% Mortgage: A Game-Changer for First-Time Buyers in the UK

Saving a deposit is one of the biggest barriers stopping first-time buyers from getting onto the property ladder. With rents remaining high and living costs rising, building a traditional 5–10% deposit can feel out of reach.

That’s where the Accord 99% first-time buyer mortgage comes in. Designed to help buyers purchase a home with just a 1% deposit, this innovative product is opening doors that were previously closed to many aspiring homeowners.

What Is the Accord 99% First-Time Buyer Mortgage?

The Accord 99% mortgage allows first-time buyers to borrow 99% of the property’s value, meaning only a 1% deposit is required.

Who Can Apply for an Accord 99% Mortgage?

This product is aimed specifically at first-time buyers with stable income, good credit history, and affordability that meets Accord’s criteria.

Interest Rates on Accord 99% Mortgages:
Due to the high loan-to-value, interest rates are higher than standard mortgage products, usually offered on fixed-rate terms.

Benefits of the Accord 99% Mortgage
– Buy a home with just a 1% deposit
– Faster route to home ownership
– Fixed-rate for peace of mind

Risks and Considerations
– Higher monthly repayments
– Risk of negative equity
– Limited product availability

Final Thoughts

The Accord 99% mortgage can be a valuable opportunity for first-time buyers, but professional mortgage advice is essential.
For more information you can use the below link to contact Stuart.

Contact – Stuart Ash – Mortgage Services

‘Your home may be repossessed if you do not keep up repayments on your mortgage’

Author Bio

Written by Stuart Ash, Mortgage & Protection Advisor with 7 years’ experience advising clients on Green Mortgage products in Plymouth and across Devon & Cornwall. With a strong focus on transparency, educating the client through the advice process and long-term mortgage planning. Stuart provides fee free mortgage advice for standard residential mortgage advice, including green mortgage products.