Accord launches short-term fixes

Ryan Bembridge

December 17, 2015

Accord has launched a range of 2-year fixed rate buy-to-let mortgages starting from 2.14% to 60% loan-to-value.

Other products are 2-year fixes at 2.29% to 65% LTV and 2.39% to 75% LTV with a £2,495 fee, £300 cashback on completion and a free standard valuation.

Chris Maggs, Accord’s Buy-to-let commercial manager, said: “Landlords have received a number of blows from government reforms this year, most recently an additional 3% of stamp duty levied on the purchase of second homes. We hope our new two and three-year fixes will prove popular with landlords looking to invest in a new property before some of the changes come into effect in April.

“The added incentives of £300 cashback on completion and free standard valuation should help to reduce the upfront costs for landlords expanding their portfolio, and the competitive rates will help brokers looking for the best deal for their clients.”

Accord is Yorkshire Building Society Group’s intermediary-only buy-to-let lender.


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