Accord reduces two-year BTL rates

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Accord Mortgages has cut rates on selected two-year fixed rate buy-to-let mortgages by up to 0.20 basis points.

The intermediary-only lender is offering lower rates on two-year fixes at 65% and 75% loan to value (LTV) which also include fee free options and added incentives.

Deals for remortgaging landlords include a two-year fix at 2.44% at 65% LTV, which comes with a £800 fee and free standard valuation and free standard legal fees. Also available is a two-year fix at 65% LTV, with an £800 fee and £300 cashback on completion plus free standard valuation.

Landlords looking to expand their portfolio can either opt for a two-year fix at 2.29% available at 65% LTV with a £800 fee, or a 75% LTV two-year fix which has no fee and £500 cashback on completion.

Chris Maggs, Accord’s buy-to-let commercial manager, said: “We are very pleased to reduce the rates on our two-year mortgages, especially at a time when landlords are getting to grips with tax increases.

“We hope that by reducing rates landlords can consider expanding their portfolio or reduce outgoings through remortgaging, and these competitive rates will help brokers looking for the best deal for their clients.”

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