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Banks and building societies are also targeting the million-pound mortgage market.  Accord Mortgages has launched a two-year fix at 1.99 per cent available for homebuyers seeking to borrow up to £3m. It has a maximum loan-to-value of 75 per cent and the deal is only available for seven days.

Aaron Strutt of Trinity Financial, told the Financial Times: “It is unusual for a lender to offer such a competitive rate with such a large maximum loan size.”

Click here to view the full story: http://goo.gl/4rrhn £

June 20, 2013
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