Your Accord Mortgages mortgage rate is coming to an end and that means you have a choice to make. You can accept whatever deal Accord puts in front of you, or you can use an FCA-regulated broker to compare your options, secure the most competitive rate available, and earn cashback in the process. At Rate Switch Rewards, we handle the entire Accord Mortgages product transfer on your behalf at no cost to you.
What Is a Accord Mortgages Product Transfer?
A product transfer is when you move from one mortgage deal to another with your existing lender, Accord Mortgages, without changing the loan amount or the lender itself. There is no need to reapply for a mortgage, and in most cases the process takes less than 15 minutes. It is one of the most effective ways for existing Accord customers to reduce their monthly payments when their current fixed or tracker rate expires.
Key Things to Know About Accord Mortgages Product Transfers
- You can arrange your Accord Mortgages rate switch up to six months before your current deal expires. Accord mortgages allows customers to switch their rate up to six months before their current deal ends.
- There are no legal fees, no valuation fees, and no arrangement costs you have to pay upfront, though some rate products carry optional product fees which can be added to the mortgage balance
- Accord offers a range of fixed-rate and tracker products for existing customers, covering residential and buy-to-let mortgages
- Accord does not require a new credit check for a standard product transfer. As long as your account is in good standing, switching your rate is a simple process.
- Accord Mortgages is the broker-exclusive lending brand of Yorkshire Building Society, one of the UK’s most respected mutual lenders. Their product transfer range is consistently competitive, with a swift and straightforward process.
Calculate Your Rate Switch Cashback Reward
Use our cashback calculator below to see exactly how much you could earn by switching your Accord Mortgages rate through Rate Switch Rewards. The reward is paid directly to your bank account once your new mortgage completes.
How Long Does a Accord Mortgages Product Transfer Take?
In most cases, a straightforward Accord Mortgages product transfer can be completed the same day. Once we access your account details, we identify the available product options, email them to you for review, and submit the application once you have chosen your preferred rate. A mortgage offer is typically issued immediately.
If your transfer involves additional borrowing, a change to your mortgage term, or a switch to interest-only repayment, extra checks may be needed. We will let you know at the outset whether any of those factors apply to your case.
Can I Borrow Extra Money with a Accord Mortgages Product Transfer?
Yes, Accord Mortgages allows additional borrowing for existing customers, subject to affordability and LTV criteria. As an authorised broker, we can submit this application alongside your product transfer where eligible.
Why Switch Through Rate Switch Rewards Rather Than Direct?
Many borrowers go directly to their lender when their rate expires. The problem is that Accord has no obligation to offer you the most competitive deal available. As a whole-of-market broker, we compare Accord’s product transfer rates against every available option. If staying with Accord is your best move, we will confirm that with the numbers to back it up.
There is another risk in going direct. If you accept a rate today and rates fall before your new deal starts, you could end up paying more than necessary. We monitor rates on your behalf and will cancel and replace your accepted rate with a lower one if one becomes available before completion. That is something you simply cannot get by dealing with Accord directly.
Benefits of Completing Your Accord Mortgages Product Transfer Through Us
- Whole-of-market comparison, we check Accord’s rates against all available deals on the market
- Cashback paid directly to your bank account once the mortgage completes
- Rate monitoring, if rates drop after you accept a deal, we switch you to the lower one automatically
- No credit check required for a standard product transfer
- FCA-regulated advice, we are an Appointed Representative of Rosemount Financial Solutions IFA Ltd, FCA ref 535515
- Free service, we are paid by the lender, not by you
The Accord Mortgages Product Transfer Process Step by Step
- Share your details with us: Your Accord Mortgages account number is on your annual mortgage statement or any letters from Accord. Accord is the intermediary lending arm of Yorkshire Building Society. We use this to access your current mortgage account and review the available product options.
- Receive your quotes: We will email you a clear comparison of the rates Accord is offering, alongside any better deals available on the wider market, so you can make a genuinely informed decision.
- Choose your rate: Once you have decided which product suits you best, simply let us know and we will submit the application on your behalf.
- We monitor your rate: After acceptance, we watch the market. If a lower rate becomes available before your new deal starts, we cancel the existing acceptance and secure the better rate for you.
- Cashback paid to you: Once your new Accord Mortgages mortgage completes and we receive our adviser fee from the lender, we pay your cashback directly into your bank account.
How Can Rate Switch Rewards Help with Your Accord Mortgages Product Transfer?
We are a team of FCA-regulated mortgage advisers specialising in product transfers and rate switches. We work with over 30 lenders including Accord Mortgages, and we use specialist software to compare products on a like-for-like basis, taking into account not just the headline rate but also arrangement fees, early repayment charges, and term length.
If you are unsure whether a product transfer is the right move, or whether remortgaging to a new lender would save you more, we will give you an honest answer. Our job is to find you the best deal.
Accord Mortgages Product Transfer vs Remortgaging: Which Should You Choose?
Accord Mortgages is the intermediary-only lending arm of Yorkshire Building Society, and when your current Accord deal is ending you have two main options: a product transfer that keeps you with Accord, or a remortgage that moves you to a new lender entirely. Which suits you best depends on your circumstances.
When an Accord Product Transfer Makes Sense
A product transfer with Accord is generally quicker and involves less paperwork, since there is usually no new affordability assessment or property valuation required. If your finances have not changed much since you took out your current mortgage and Accord has a competitive product available for existing residential or buy-to-let customers, staying put can be the most efficient way to secure a new rate before your current deal expires.
When Remortgaging Elsewhere Could Be Better
Because Accord is an intermediary-only lender, its product transfer range for existing customers can be narrower than what is available through a full remortgage across the whole market. If your income, credit profile, or property value has improved, or if another lender offers a more suitable structure, particularly for buy-to-let or portfolio landlords, a remortgage can be worth the additional time and cost involved in a full application.
How We Help You Decide
As FCA-regulated advisers working with over 30 lenders including Accord, we compare Accord’s product transfer offer against the wider market, taking into account arrangement fees and total cost over the deal period rather than just the headline rate. We present both routes clearly so you can make an informed decision, with no pressure to move away from Accord or stay with them.
Related Guides
- Precise Mortgages Product Transfer
- Kensington Product Transfer
- Santander Product Transfer
- Halifax Product Transfer
- Everything You Need to Know About Rate Switches
Ready to find out how much your Accord Mortgages product transfer could earn you? Use the calculator above or complete our short form and we will be in touch.
Your home may be repossessed if you do not keep up repayments on your mortgage. The Financial Conduct Authority does not regulate some forms of buy-to-let mortgages.
How an Accord Mortgages Product Transfer Compares to Switching Your Deal Elsewhere
When your current Accord Mortgages deal is coming to an end, you usually have two routes: take a new product transfer rate directly with Accord, or remortgage to a different lender. A product transfer keeps you with Accord, which normally means no new affordability assessment, no valuation and far less paperwork, so it can be arranged quickly before your deal reverts to the lender’s standard variable rate. Remortgaging can sometimes secure a lower rate, but it involves a full application, legal work and credit checks, and any savings need to be weighed against those costs.
Because Accord is the intermediary-only arm of Yorkshire Building Society, product transfer rates are arranged through a broker rather than directly by the borrower. That is where comparing matters. Switching to whatever deal Accord offers first is rarely the same as switching to the most suitable deal available to you. We look at the Accord product transfer rates you qualify for alongside comparable options across the wider market, so you can see whether staying put or moving genuinely leaves you better off.
For borrowers searching for the best way of switching an Accord Mortgages deal, the key questions are timing and total cost, not headline rate alone. We check how long you have before your current rate ends, whether any early repayment charge still applies, and what the real cost of each option is once fees are included. Our advice is free, FCA-regulated and carries no obligation to proceed.
