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Accord cuts buy-to-let rates

by Kevin Rose
12 March 2020
New rates from Tesco Bank
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Accord Buy To Let has reduced rates on a selection of two and five-year fixed rate product across multiple loan to values (LTV).

For house purchase clients, changes include:

  • Two-year fixed-rate at 3.20% (was 3.31%) at 80% LTV, with £500 cashback, free standard valuation and £950 fee
  • Five-year fixed-rate at 1.83% (was 1.89%) at 60% LTV with £500 cashback, free standard valuation and £1,495 fee
  • Five-year fixed-rate at 1.93% (was 2.02%) at 65% LTV with £500 cashback, free standard valuation and £1,495 fee

For landlords looking to remortgage, the reductions include:

  • Two-year fixed-rate at 3.21% (was 3.23%) at 80% LTV, with £250 cashback, free standard valuation and £950 fee
  • Five-year fixed-rate at 3.45% (was 3.47%) at 80% LTV with £250 cashback, free standard valuation and £950 fee
  • Five-year fixed-rate at 1.79% (was 1.86%) at 60% LTV with £250 cashback, free standard valuation and £1,495 fee

Simon Garner, Accord Buy To Let product manager, said: “These reductions should offer advisers with landlord clients better options when it comes to the higher LTV products and those wanting a longer-term fixed-rate.

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Company Number 11335497. Registered Office: Unit 1, E.M.P. Building, 4 Solent Road, Havant, Hampshire PO9 1JH

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