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Accord cuts purchase and remortgage rates

Jake Carter

March 12, 2020

housing

Accord Buy To Let has reduced rates on a number of purchase and remortgage products.

Notable cuts include the 85% LTV 5-year fix reduced from 2.09% to 2.06%, and the 90% LTV 5-year fix slashed from 2.43% to 2.41%.

Both products are for purchase only, include a £495 fee and free valuations.

The former deal also offers £500 cashback and the latter product has £1,000 cashback.

For remortgage products, the lender has reduced the rate on the 85% LTV 5-year fix from 2.08% to 2.07%, and on the 90% LTV deal from 2.46% to 2.42%.

The two remortgage offerings include a £495 fee and free valuations.

The former deal also has £500 cashback, while the latter offers £1,000 cashback and free legals.

Furthermore, the lender has also increased its cashback offering by £250 on 5-year Help to Buy products.

Jemma Anderson, product manager at Accord Buy To Let, said: “As part of our ongoing review, we’ve cut rates on a broad range of products to offer brokers more choice.

“We’ve also increased the cashback offering on the five-year Help to Buy products, so anyone planning on taking advantage of the scheme before the transition next year has an added incentive.”


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