Accord cuts Buy to Let rates by 0.10%

Accord Buy to Let has today slashed rates on its low-fee fixed and tracker rate products by up to 0.10%.

Related topics:  Mortgages
Amy Loddington
7th June 2013
Mortgages
The lender has also altered early repayment charges and extended end dates until 31st August.

The 2 and 3 year products now come with stepped early repayment charges, whilt the 5 year deal has 2% and 1% early repayment charges in its final two years.

Each of the Buy to Let mortgages are available with a max loan-to-value (LTV) of up of 75%.

Each product includes £500 cashback on completion.

Accords revised Buy to Let range now includes:

- 2 year fixed rates with £395 fee at 3.89% with £500 cashback
- 3 year fixed rates with £395 fee at 3.99% with £500 cashback
- 5 year fixed rates with £395 fee at 4.29% with £500 cashback

Toni Roberts, product manager at Accord, said: "Our low-fee products help us to provide a broad range of mortgages suitable for a variety of customers.

"The reduction in mortgage rate on these products will help to lower the costs for borrowers while the changes to the early repayment charges are also good news for them."
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