Accord launches new buy-to-let range

Accord Mortgages is launching a new buy-to-let range, changing rates on selected products and extending product end dates.

Related topics:  Mortgages,  buy-to-let
Rozi Jones
24th November 2021
To Let BTL
"In extending product end dates, we’ve also taken the opportunity to revise the full range, reflecting market conditions."

Cashback has also been reviewed in some cases. The current buy-to-let range from the intermediary-only lender will be withdrawn today at 8pm and replaced at 9am on Thursday 25th November.

The new range includes two-year discounted SVR rates of 1.19% at 60% LTV, 1.22% at 65% LTV, and 1.34% at 75% LTV. All products are available for house purchase and remortgage, with a £995 fee and standard valuation.

At 80% LTV, a two-year discounted SVR rate is available at 2.67% with a £995 fee. Alternatively, a two-year fixed rate has been cut to 3.08% with a £1,995 fee and £500 cashback and a five-year fix has reduced to 2.87% with a £995 fee and £250 cashback.

All 80% LTV products are also available for purchase or remortgage with a free standard valuation.

Additionally, product end dates have been extended until 30th April 2022 to allow maximum product term value for landlords.

Simon Garner, buy-to-let mortgage manager at Accord Mortgages, said: “In extending product end dates, we’ve also taken the opportunity to revise the full range, reflecting market conditions. This means that rates have been reduced on selected products and increased on others and, in some cases, cashback has also been reviewed.

“We hope the new range will be welcomed by brokers and their clients.”

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