Accord revamps buy-to-let range

Accord Buy To Let has enhanced its mortgage range with new two and five-year fixed rate purchase and remortgage deals.

Related topics:  Mortgages
Rozi Jones
22nd March 2018
BTL buy to let sign
"Preferred mortgages amongst landlords tend to be those which offer three key incentives, a free basic valuation, free legal fees covering standard legal work and a cashback."

New products include a 1.94% two-year fix for remortgaging landlords with a 35% deposit, which comes with a £1,495 fee plus free standard valuation and no legal fees.

Other remortgage deals available include a 2.84% five-year fix at 65% LTV or a 2.94% five-year fix at 75% LTV. Both mortgages come with a £950 fee, free standard valuation and no legal fees, plus £500 cashback on completion.

New fee-free purchase products include a 2.39% two-year fix at 60% LTV, or a 2.69% two-year option at 75% LTV which both come with free standard valuation and £500 cashback on completion.

Chris Maggs, commercial manager at Accord Buy To Let, said: “Whether you’re a portfolio landlord with four or more properties or a landlord with a smaller portfolio these new products, coupled with competitive rental affordability requirements, are sure to prove popular with brokers and landlords.

“Our most preferred mortgages amongst landlords tend to be those which offer three key incentives, a free basic valuation, free legal fees covering standard legal work and a cashback. There has probably never been a better time to remortgage with Accord.”

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