The new range is available from 17 January on mortgages up to 80% loan-to-value (LTV), and it is for first-time landlords, existing landlords and portfolio landlords.
Accord Mortgages has launched a range of 5-year fixed rate buy-to-let (BTL) products with no early repayment charges (ERCs).
The range is available from 17 January on mortgages up to 80% loan-to-value (LTV), for first-time landlords, existing landlords and portfolio landlords.
Notable products include the 65% LTV 5-year fix at 2.39%, the 75% LTV 5-year fix at 2.93% and the 80% LTV 5-year fix at 3.99%.
Products in the range have fees of £1,995 and include free standard valuation. Landlords purchasing a property will also benefit from £250 cashback.
Those remortgaging can choose either £250 cashback or the lender’s remortgage legal service.
Simon Garner, buy-to-let mortgage manager at Accord, said: “We know landlords value increased flexibility when managing their properties so we’ve designed this new range to offer just that.
“Whether they want to make unlimited overpayments or have the option to transfer to a new product early, we expect these products to be a welcome addition to what’s currently a very small offering in the market.”
