Accord has entered the consumer buy-to-let market.
Accord will now accept buy-to-let mortgage applications from borrowers classed as consumers: non-professional landlords who plan to let out a single property.
Chris Maggs, buy-to-let commercial manager at Accord, said: “We’re pleased to be lending in this market.
“Offering mortgages to landlords that are classified as consumers, in addition to those landlords that specifically invested in property for business purposes, means that we are providing brokers with a more comprehensive buy-to-let offering.
“It also offers homeowners who become ‘accidental landlords’ a wider choice of competitive mortgages to continue to maintain their property even after they or their family have stopped living there.”