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Accord improves choice within buy-to-let offering

by Kevin Rose
22 July 2019
Accord adds new 65% LTV buy-to-let options

Paul Maguire / Shutterstock.com

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Accord has reduced the rates on selected two, three and five year fixed rate buy-to-let mortgages by up to 0.11 percentage points.

It has also extended the end dates to November.

Highlights in the new selection include reductions to the recently launched 80% loan to value (LTV) range, with a two-year fixed rate at 3.38% which is available for both purchasing and remortgaging landlords. This mortgage comes with a £950 completion fee, free standard valuation and £500 cashback.

Those remortgaging could alternatively choose £250 cashback and free legals.

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The lender has also launched a number of fee-free two-year fixed rate remortgage deals, with a rate of 2.29% at 60% LTV and 3.49% at 80% LTV. These deals also come with £250 cashback, free standard valuation and free legals.

Simon Garner, product manager at Accord Buy To Let, said: “We’re confident the changes we’ve made to many of our mortgages will give brokers and their clients more choice and much better value.

“Our newly introduced 80% LTV range has been well received and with reductions on some of these options, as well as a new fee-free two-year fix, we’re only improving the selection.

“By extending the end dates across our on-sale mortgages, regardless of term landlords will get an extra few months on top of their initial deal periods. Brokers may find their clients will value this additional time to fix their mortgage rate for longer.”

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