From Wednesday 1st December Accord are increasing their LTV thresholds for when they’ll carry out an AVM.
What’s changing?
- For purchases, Accord are increasing the maximum LTV for AVMs to 75% (was 65%)
- For remortgages, Accord are increasing the maximum LTV for AVMs 80% (was 75%)
- In addition, properties in Northern Ireland will be able to use an AVM for purchases and remortgages
This change will help get more client’s applications to offer faster, and save time so our underwriters can deal with those more complex cases.
When is this changing?
Accord’s new criteria will be live from 8am on Wednesday 1st December 2021.