Accord Buy To Let to launch remortgage products

Michael Lloyd

July 19, 2019


From 6pm today Accord Mortgages will launch fee-free 2-year fixed rate buy-to-let remortgage deals and reduce rates on selected 2, 3 and 5-year fixed rate buy-to-let mortgages by up to 0.11%.

These 2-year fixed rate remortgage deals have a rate of 2.29% at 60% LTV and 3.49% at 80% LTV. These deals also come with £250 cashback, free standard valuation and free legals.

Simon Garner, product manager at Accord Buy To Let, said: “We’re confident the changes we’ve made to many of our mortgages will give brokers and their clients more choice and much better value.

“Our newly introduced 80% LTV range has been well received and with reductions on some of these options, as well as a new fee-free 2-year fix, we’re only improving the selection.

“By extending the end dates across our on-sale mortgages, regardless of term landlords will get an extra few months on top of their initial deal periods. Brokers may find their clients will value this additional time to fix their mortgage rate for longer.”

Within the 80% loan-to-value (LTV) range there will be a 2-year fixed rate at 3.38, which is available for both purchases and remortgages landlords.

This comes with a £950 completion fee, free standard valuation and £500 cashback. Those remortgaging could alternatively choose £250 cashback and free legals.

Accord will also extend the end dates to November.

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