Accord cuts buy-to-let remortgage rates

Ryan Bembridge

April 26, 2017

Accord has cut buy-to-let remortgage rates so they now start at 1.76% for a 2-year fix to 75% loan-to-value with a £1,995 product fee.

Other options include a 2.25% 2-year fix to 75% LTV with a £950 product fee, free legals and a free standard valuation.

Chris Maggs, Accord buy-to-lets commercial manager, said: “These 0.20% reductions will give brokers the chance to proactively contact landlords who may be looking to refinance some or all of their mortgage portfolio.

Accord to use collective ICR of 135% for portfolio buy-to-let

“With the new taxation rules being phased in earlier this month this is an ideal time for landlords to reassess their financial commitments.

“These new products sharpen our buy to let range even further and having re-entered the consumer buy to let market we expect a very active time ahead.

“We’re sure these reductions will prove very popular and the additional features will really appeal to landlords who want to reduce their outgoings when remortgaging.”

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