Accord Buy to Let launches 14 new three and five-year fixes

Accord Buy To Let has expanded its range of three and five-year fixed rate buy-to-let mortgages up to 75% LTV.

Related topics:  Mortgages
Rozi Jones
26th July 2017
BTL buy to let sign
"There’s further good news for brokers and landlords as we have also reduced rates on selected mortgages by up to 0.20%"

The lender has introduced 14 additional three and five-year fixed rates with a cashback feature of up to £750.

New 65% LTV products include a 2.74% three-year fix with a £450 product fee, plus £550 cashback and free standard valuation and a 2.24% three-year fix with a £1,995 product fee and £250 cashback.

Remortgaging landlords can benefit from a three-year fix at 2.54% at 65% LTV, with a £950 product fee plus £750 cashback and free standard valuation. Alternatively, there is a five-year fix available at 2.51% for landlords with a 40% deposit with £550 cashback, free standard valuation and a £950 fee.

Chris Maggs, Commercial Manager at Accord Buy To Let, said: “With the threat of a potential rate rise looming we feel our five year fixed rate options will appeal to landlords at the moment, so we wanted to provide them with a choice of competitive deals.

“We recently began offering mortgages to first-time landlords, so we hope our new purchase loans will help all landlords looking to build a buy-to-let portfolio.

“There’s further good news for brokers and landlords as we have also reduced rates on selected mortgages by up to 0.20%, so we have a really competitive range that suits a variety of borrowing needs.”

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