Accord Buy-To-Let has introduced a new range of mortgages, which includes deals for both landlords looking to expand their portfolio, or for remortgage purposes.
Landlords looking to remortgage an existing property can enjoy a free standard valuation, and free standard legal fees or £300 cashback on completion. For landlords looking to expand their portfolio, Accord is offering up to £500 cash back on completion for house purchase mortgages.
Products are available at differing loan-to-values (LTVs) up to 75%.
The two-year fixed rate range includes:
• 2.79% fixed rate mortgage at 60% LTV with a £2,495 product fee, free standard valuation free legal service or £300 cashback on completion
• 2.79% two-year fixed rate mortgage at 60% LTV with a £2,495 product fee and £500 cashback on completion
Three-year fixed rate highlights include:
• 3.09% three-year fixed rate mortgage at 65% LTV with a £2,495 product fee and £500 cashback on completion
• 3.34% three-year fixed rate mortgage at 75% LTV with a £2,495 product fee, free standard valuation and free legal service or £300 cashback on completion
New five-year fixed rate mortgages available include:
• 3.59% five-year fixed rate mortgage at 60% LTV with a £2,495 product fee, free standard valuation and free legal service or £300 cashback on completion
• 3.59% fixed rate at 60% LTV with a £2,495 product fee and £500 cashback on completion
• 3.69% five-year fixed rate mortgage at 65% LTV with a £2,495 product fee, free standard valuation and free legal service or £300 cashback on completion
• 3.94% five-year fixed rate mortgage at 75% LTV with a £2,495 product fee, free standard valuation and free legal service or £300 cashback in completion
Chris Maggs, commercial manager at Accord Buy-To-Let, said: “We are pleased to launch this new range of mortgages for landlords as we enter into 2015. The five-year mortgages offer the security of a longer term while the two and three-year offering good value for borrowers.
“We are confident they will prove popular to brokers and borrowers thanks to their competitive rates and product incentives.”
