Eight low-fee 70% LTV mortgages are being introduced from tomorrow (1 Nov) for house purchase and remortgage.
New products include:
- Two year fixed rate at 3.99%, with £195 fee and £500 cashback on completion
- Two year tracker at 3.49%, with a £195 booking fee, 1.75% completion fee, and £500 cashback on completion
- Five year fixed rate at 4.69%, with £195 fee and £500 cashback on completion.
Accord, the intermediary lending arm of Yorkshire Building Society, has offered buy to let mortgages since August 2011.
It has worked with brokers to strengthen its product range and improve the efficiency of its approvals process.
Accord now provides a range of competitive two, three and five year tracker and fixed rate buy to let products at 70% and 75% LTV for house purchase and remortgage customers. They are available for properties valued from £50,000 to £500,000.
Rates for 75% LTV products start at 3.89% for a two year tracker and 4.09% for a two year fixed rate buy to let mortgage.
Chris Maggs, Accord Mortgages National Sales Manager – Buy to Let, said:
“We are constantly listening to brokers and refining our services to meet their needs and support their customers.
“These latest products, at 70% LTV and with very low fees, demonstrate how we are responding to market demand and delivering very competitive products.
“Buy to let is a growing part of Accord's business and that will continue as we strengthen our product range and deliver the high quality service brokers expect.”
