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TODAY'S OTHER NEWS

Accord offers cheaper mortgage deals

Accord Buy to Let has reduced rates on selected mortgage deals, with products now available from below 2%.

Buy-to-let landlords looking to refinance their property can now secure a two-year fixed rate deal at 1.82% at up to 65% loan-to-value (LTV).

Landlords with more equity in their home may qualify for the two-year fix at 1.74%, which is available at 60% LTV.

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Both deals come with a £1,495 fee, and a free standard valuation, while the intermediary-only lender, which is part of the Yorkshire Building Society, is also offering landlords the choice of £750 cashback on completion, or free legal fees and £250 cashback.

Accord has also cut the cost of its fee-free remortgage deals, which are available as two-, three- or five-year fixes, with rates starting from 2.93% at 65% LTV.

Some of Accord’s purchase deals have also been reduced, with two-year fixed rate deals now starting from 1.74%, at up to 60% LTV. 

Chris Maggs, commercial manager at Accord Buy to Let, said: “We recognise that landlords have different needs so have varied the competitive rate offerings, additional features and range of mortgage fees for landlords.”

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