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Accord adds to its buy-to-let range

Accord has added to its range of buy-to-let products, including the launch of new cashback options on its two-year fixed rate range, and reduced rates by up to 0.2% on selected three-year deals.

The intermediary lender, part of the Yorkshire Building Society, has also launched two new tracker deals that it hopes will appeal to borrowers.

New products include a two-year fixed rate at 1.72% at 60% loan-to-value (LTV), which is subject to a product fee of £1,495, but comes with a free standard valuation. Landlords who are remortgaging will receive free legal fees, while those adding to their portfolio can get £250 cashback on completion.

There is also a two-year fixed rate product available at 2.89% at 75% LTV, subject to a fee of £195 and free standard valuation, which offers £1,000 cashback to landlords remortgaging or extending their portfolio.

Buy-to-let landlords looking for a three-year deal will find rates starting from 2.72% at 75% LTV, with free standard valuation and £500 cashback available on completion.

Accord has also launched two new two-year tracker mortgages at 75% LTV, with rates starting from 2.29%. The tracker mortgages include free standard valuation, have a product fee of £950 and come with no early repayment charges.

Chris Maggs, commercial manager at Accord Buy to Let, said: “We believe these new products will be welcomed by brokers whose clients are looking for choice and flexibility when managing their portfolio.”

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