Accord revamps buy-to-let offering

Published on

Accord has unveiled 17 new buy-to-let deals as well as reduced rates by up to 0.35 percentage points on selected mortgages.

There is now a 1.64% two-year fix available for both purchase and remortgage customers with a 40% deposit. This mortgage has a £950 fee and comes with £500 cashback on completion and free standard valuation.

Accord has also launched a choice of new tracker mortgages with no early repayment charges (ERCs).  At 65% loan to value (LTV) is a 2.04% two-year tracker, and a 2.29% two-year option at 75% LTV. Both mortgages are available to remortgaging landlords and those extending their portfolio, and have a £950 fee and free standard valuation.

In addition, to help landlords manage the upfront cost of getting a mortgage, Accord has reduced its £1,995 product fee to £1,495 on certain options, and selected mortgages which previously had a £450 fee are now fee free.

Chris Maggs (pictured), commercial manager at Accord Buy To Let, said: “We constantly review our mortgage range and we believe these new products provide landlords with some of the most competitive products in the market. Coupled with competitive affordability calculations we believe we are providing exceptional options for 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

Berkeley Alexander appoints new BDM

General insurance provider Berkeley Alexander has announced the appointment of Grant Robinson as a...

Newcastle for Intermediaries adds three-year fix range to mortgage offering

Newcastle for Intermediaries has introduced a new range of three-year fixed rate products. It said...

Mortgage product availability surpasses 25,000 for the first time

The number of mortgage products available in the UK has reached an all-time high,...

ASG Finance launches loan for HNW investors

ASG Finance has introduced its latest funding initiative: the ‘Base Rate Beater’ secured investment...

Other news

Why it matters that bridging hit more than £10bn last year

We see many numbers bandied around in the financial industry, which can sometimes have...

Berkeley Alexander appoints new BDM

General insurance provider Berkeley Alexander has announced the appointment of Grant Robinson as a...

Newcastle for Intermediaries adds three-year fix range to mortgage offering

Newcastle for Intermediaries has introduced a new range of three-year fixed rate products. It said...