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Accord offers to help landlords manage ‘upfront costs of remortgaging a property’

Accord Buy To Let is offering landlords who remortgage a £500 cashback on selected loans, including eight remortgage deals.

The intermediary-only lender, which is part of Yorkshire Building Society, already offers free standard valuation and free legal assistance.

Highlights include a 2.44% five-year fix at 60% loan-to-value (LTV), a 2.49% three-year fix at 65% LTV, or 2.24% two-year fix for landlords with a 25% deposit.

Each mortgage has a £950 product fee, free standard valuation and free legal fees plus the new £500 cashback feature.

Chris Maggs, commercial manager at Accord, said: "New Year is synonymous with fresh starts, and it’s a time when people look to get their finances in order.

“It’s likely that the buy-to-let market will be predominately focused on remortgage lending during 2018.

“We hope by adding cashback to some of our popular mortgages, that already include additional features, it will help landlords to manage the upfront costs of remortgaging a property.”

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