Accord launches refreshed BTL range

Jake Carter

November 23, 2021

launch products

Accord Mortgages is launching a refreshed buy-to-let (BTL) range, changing rates on products, extending end dates and reviewing cashback on selected deals.

The lender’s current BTL range will be withdrawn at 8pm on 24 November and replaced at 9am on 25 November.

The range is available for house purchase and remortgage, with a £995 fee and standard valuation, including a 2-year discounted standard variable rate (SVR) of 1.19% at 60% loan-to-value (LTV).

This is in addition to a 2-year discounted SVR rate of 1.22% at 65% LTV and a 2-year discounted SVR rate of 1.34% at 75% LTV.

For landlords wanting to purchase or remortgage, Accord will offer a 2-year discounted SVR rate of 2.67% (was 2.71%) at 80% LTV, with a £995 fee and free standard valuation.

The lender has also added a 5-year fixed rate of 3.08% (was 3.12%), which comes with a £1,995 fee, £500 cashback and free standard valuation, and a 2-year fixed rate of 2.87% (was 2.91%) which comes with a £995 fee, £250 cashback and free standard valuation. Both deals are available at up to 80% LTV.

Product end dates have been extended until 30 April 2022 to allow maximum product term value for landlords.

Simon Garner, buy-to-let mortgage manager at Accord Mortgages, said: “In extending product end dates, we’ve also taken the opportunity to revise the full range, reflecting market conditions.

“This means that rates have been reduced on selected products and increased on others and, in some cases, cashback has also been reviewed.

“We hope the new range will be welcomed by brokers and their clients.”

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