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TODAY'S OTHER NEWS

Accord launches ‘better value for money’ BTL mortgages

Accord Buy To Let has launched a new range of buy-to-let mortgages at 60% loan-to-value (LTV).

The new options include a two-year fix at 1.64% for remortgaging landlords or those adding to their property portfolio.

It has a £1,995 product fee, £550 cashback on completion and free standard valuation.

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The lender’s remortgage range also now includes a 1.99% two-year fix at 65% LTV, with £750 cashback on completion and free standard valuation.

Accord has also cut rates on selected two and five-year mortgages by up to 0.27%.

Chris Maggs, commercial manager at Accord Buy To Let, said: “We wanted to enhance our mortgage range to give landlords better value for money. We hope by reducing rates on five-year mortgages in particular this will offer landlords the security of a great rate over a longer term.

“We’re confident they will prove popular to brokers and borrowers thanks to their competitive rates and additional features.”

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