Accord restarts lending to first-time landlords

Published on

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.”

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Luminosity joins Primis network on launch day

A new protection advice firm, Luminosity, has officially launched today and joined the Primis...

Advise Wise expands solicitor panel with Gilroy Steel

Advise Wise has announced the addition of Gilroy Steel Solicitors to its specialist solicitor...

Barclays cuts affordability rates to widen access to home ownership

Barclays has reduced its affordability rates for residential mortgages, in a move that will...

AMI warns FCA mortgage review could erode consumer protection

The Association of Mortgage Intermediaries (AMI) has issued a sharp warning that the Financial...

Other news

Luminosity joins Primis network on launch day

A new protection advice firm, Luminosity, has officially launched today and joined the Primis...

Advise Wise expands solicitor panel with Gilroy Steel

Advise Wise has announced the addition of Gilroy Steel Solicitors to its specialist solicitor...

Barclays cuts affordability rates to widen access to home ownership

Barclays has reduced its affordability rates for residential mortgages, in a move that will...
Advertisement