Accord Buy-To-Let has launched three new two-year fixed rate tracker mortgages for landlords with a 25% deposit.
All three mortgages are fixed for two years, have a rate of 2.69% (2.19% above the Bank of England base rate) and an £800 product fee
The house purchase version of the mortgage comes with £500 cashback on completion.
Landlords looking to remortgage have a choice between free legal services and free standard valuation or £300 cashback on completion and free standard valuation.
Chris Maggs, commercial manager at Accord, said: “We are sure the launch of these tracker mortgages will be welcomed by brokers and landlords alike. With base rate at historic lows many landlords are keen to take advantage of this and purchase their property with a tracker mortgage while those looking for a new deal will hopefully see value for money from the remortgage options which include some great incentives.”
