Accord Buy to Let has cut rates on a number of its 80% loan to value (LTV) range.
The updated products, all at 80% LTV are as follows:
- Two-year fixed rate at 3.31% (was 3.36%) for both house purchase and remortgage clients, with £950 product fee, £500 cash back and free valuation
- Five-year fixed rate at 3.85% (was 3.90%) for both house purchase and remortgage clients, with no product fee, £500 cash back and free valuation
- Five-year fixed rate at 3.63% (was 3.68%) for both house purchase and remortgage clients, with £950 product fee, £500 cash back and free valuation
For clients wanting to remortgage, the new rates at 80% LTV are also available with the following incentive package:
- Two-year fixed rate at 3.31% (was 3.36%) with £950 product fee, £250 cash back, free standard remortgage legal service and free valuation
- Five-year fixed rate at 3.85% (was 3.90%) with no product fee, £250 cash back, free standard remortgage legal service and free valuation
- Five-year fixed rate at 3.63% (was 3.68%) with £950 product fee, £250 cash back, free standard remortgage legal service and free valuation
Simon Garner, product manager at Accord Buy to Let, said: “We know the present uncertainty in the market is impacting decisions, so following recent improvements to our criteria, we’re continually reviewing the range to offer landlords the most competitive rates.”