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Accord Buy To Let increases maximum LTV to 80%

Jessica Bird

June 3, 2020

Jeremy Duncombe Accord first-time buyers

Accord Buy To Let has relaunched its product range at 80% loan-to-value (LTV) for both remortgage and house purchase landlords.

A range of products will be launched at 8am on Friday 5 June to support the changes.

The buy-to-let lender has returned to offering its full range of LTV products, following forced changes at the end of March.

For landlords wanting to remortgage, products include a 2-year fixed rate at 2.76% at 80% LTV and a 5-year fixed rate at 3.20% at 80% LTV.

Both products come with a £950 product fee, free standard valuation and either £250 cashback or Accord’s remortgage  legal service included.

For landlords wanting to purchase, the range includes a 2-year fixed rate at 2.89% at 80% LTV and a 5-year fixed rate at 3.25% at 80% LTV.

Both products include a £950 product fee, free standard valuation and £500 cashback.

Jeremy Duncombe, director of intermediary distribution at Accord Mortgages, said: “Not only have we been able to relaunch our 80% LTV range, but we’re offering a very competitive choice of products to landlords with smaller deposits.

“This latest launch sees our buy-to-let product offering back to where it was at the start of the year, which is a huge achievement in such a short space of time and we thank all brokers for their support and patience over the last few weeks.”


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