Accord cuts rates across range

Ryan Fowler

August 5, 2016

house scissors

Accord Buy To Let has reduced its rates on its two, three and five-year fixed rate mortgages as well as introducing new remortgage options.

The intermediary-only lender has reduced rates on its entire fixed rate range by up to 0.30% and launched new remortgage options on three and five year fixes.

The  two year fixed rate at 1.94% has an £800 fee is available to remortgaging landlords at 60% loan-to-value with free standard valuation and standard legal fees.

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Three years is a 2.64% fix at 65% LTV with a £800 fee. The mortgage comes with £500 cashback on completions for landlords looking to extend their portfolio, and free standard valuation and standard legal fees for remortgages.

Five-year remortgage deal is available at 3.09% at 60% LTV, with a £800 fee and a choice of free standard valuation and £300 cashback on completion, or free standard valuation and standard legal fees.

Chris Maggs, Accord’s Buy to Let commercial manager, said: “We always try to offer brokers and landlords a range of options and good, long-term value for money.

“Landlords are looking for security during this time of uncertainty, and we have reduced rates across our entire fixed range to ensure we are offering competitive options to suit all circumstances.

“We also hope the added incentives such as cashback on completion and free standard valuations will prove popular with brokers and landlords looking to get the most from a mortgage.”

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