Accord Buy To Let introduces new products and cuts rates

Accord Buy To Let has expanded its remortgage product range by introducing 13 new products at 60%-65% loan-to-value (LTV) with two or three-years fixed term options. 

Highlights include a two-year fixed rate deal at 60% LTV, available at 1.96% which comes with no product fee, free valuation and either £250 cashback or free standard legal services

There is also a new two-year fixed rate product available at 65% LTV at 1.87% which comes with a £950 product fee, free valuation and either £250 Cashback or free standard legal services. 

Three-year fixed rate deals at 65% LTV now start at 2.05% which comes with a £950 product fee and free valuation.

In addition, rates on more than half the existing range will be reduced to offer landlords a more competitive selection of products. 

Changes include a five-year fixed rate at 60% LTV is now 2.02%, down from 2.09%, and comes with no product fee, free valuation and either £250 cashback or free standard legal services. 

There is also a two-year fixed rate at 60% LTV now available at 1.60%, down slightly from 1.62%, and comes with a £950 product fee, free valuation and either £250 cashback or free standard legal services. 

A five-year fixed rate at 65% LTV is now 2.21%, having dropped from 2.23%, and comes with no product fee, free valuation and either £250 cashback or free standard legal services

Simon Garner, Accord Buy To Let product manager, commented: “These are difficult times for all and so we’ve reviewed our product range and looked at where we can offer better options to landlords wanting fixed-rate shorter terms whilst they wait to see how the market adjusts.”

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions.
If any post is considered to victimise, harass, degrade or intimidate an individual or group of individuals, then the post may be deleted and the individual immediately banned from posting in future.
Please help us by reporting comments you consider to be unduly offensive so we can review and take action if necessary. Thank you.