Accord restarts lending to first-time landlords

Accord Buy To Let is now accepting applications from first-time landlords up to a maximum LTV of 75%.

The lender temporarily paused applications for first-time landlords in May as part of several measures taken in response to the coronavirus pandemic.

The intermediary lender has reinstated all of the existing first-time landlord criteria (as of March 2020), up to 75% LTV, for any applications now received.

Nicola Alvarez, corporate account manager – propositions at Accord, said: “We’re pleased to once again offer our support to borrowers wanting to enter the buy-to-let market.

“We know brokers have been limited over the last few months, but with our recent product refresh, we now have a comprehensive range of options now available to suit both new and established landlords.”

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