Accord Buy To Let has launched two fee-free products, one for purchases and the other for remortgages.
For purchasing landlords, there’s a 5-year fix with a rate of 2.42% at 60% loan-to-value (LTV). This comes with £500 cashback and free valuation. For remortgages, there’s a 5-year fixed rate at 2.57% at 65% LTV, which comes with £250 cashback, free valuation and free standard legals.
Simon Garner, product manager at Accord Buy To Let, said: “Our fee-free products have proven popular with landlords looking to reduce upfront costs, so we are increasing our range, in addition to reducing rates on a wide range of two, three and five year products to provide even more options for those looking to start or extend a buy to let business.”
Accord has also reduced rates on 29 products across the range including a 2-year fixed rate mortgage for borrowers with a 25% deposit, cut from 2.09% to 1.99%.
Available to both homebuyers and those remortgaging, the loan comes with a £950 fee, £500 cashback and free valuation.
For remortgages the 75% LTV 5-year fix has been reduced from 2.82% to 2.68%. This comes without a product fee, £250 cashback, free standard legals and free valuation.