Accord is cutting rates by up to 0.10% on selected fixed rate products and introducing new fee options. These include:
- New 3.79% two year fixed rate mortgage with £995 fee;
- New 3.69% three year fixed rate mortgage with £1,995 fee; and
- New 4.09% three year fixed rate mortgage with £195 fee.
Each of these mortgages is available at 75% LTV (loan to value) for loans of between £50,000 and £500,000. All buy to let products come with £500 cashback on completion.
“These buy to let products are among the most competitive on the market,” said Accord Mortgages Product Manager Toni Roberts.
“In addition to cutting some of our fixed rates, we also have widened the choice of fee options across the range to offer customers more choice.
“The low fee option at just £195, with the £500 cashback which is available on all products, will be particularly attractive to customers wanting to minimise their upfront costs.”
Accord, the intermediary lending arm of Yorkshire Building Society, has offered buy to let mortgages since August 2011. Since then it has worked with brokers to strengthen its product range and improve the efficiency of its approvals process.
