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.”

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

Bridging Soup launches major market research initiative

Bridging Soup has launched a new research initiative to build a clearer picture of...

Just one in seven homes records five years of growth

Fewer than one in seven UK homes increased in value during every year of...

Word On The Street arranges £108m of property finance in record year

Word On The Street arranged more than £108 million of property finance across 239...

Beverley enhances SIPP income assessment

Beverley Building Society has introduced a tiered approach to assessing income from self-invested personal...

Commonhold and RTM: do not mistake control for simplicity

Commonhold is presented as a fairer form of flat ownership. Right to Manage (RTM)...

Latest publication

Other news

Bridging Soup launches major market research initiative

Bridging Soup has launched a new research initiative to build a clearer picture of...

Just one in seven homes records five years of growth

Fewer than one in seven UK homes increased in value during every year of...

Word On The Street arranges £108m of property finance in record year

Word On The Street arranged more than £108 million of property finance across 239...