Accord cuts low LTV rates

Ryan Bembridge

February 22, 2017

Accord Buy to Let has cut low loan-to-value mortgages by up to 0.30%.

The lender’s 60% LTV 2-year fix stands at 1.83% with a £950 fee and the choice of either free standard valuation and free legal fees or £300 cashback on completion and free standard valuation.

In addition Accord, which is part of the Yorkshire Building Society Group, has launched a new 3-year fix at 2.19% for landlords looking to expand their portfolio at 60% LTV with a £950 fee.

Accord commits to offering free legals

Chris Maggs, Accord’s buy-to-let commercial manager, said: “It’s a challenging time for landlords, so by offering mortgages with very competitive interest rates with additional features such as free standard valuations, cashback and free legal work, we feel we can provide some long term value for landlords.

“At a time when many landlords are assessing their portfolios to ensure they can maintain a sustainable business under the new taxation rules our attractive mortgage range provides remortgage options which can assist the landlord from a cash flow perspective.

“For those landlords looking to expand their portfolio our new three-year fix provides excellent value for money.”

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