"We pride ourselves on our support for landlords, ensuring our products remain as competitive as possible for them in a fast-changing environment, and this is the latest example of this."
- Aidan Smith, Buy-To-let Mortgage Manager at Accord Mortgages
As of tomorrow (10th November), Accord Mortgages is cutting rates, adding a new product, and making reductions of as much as 0.30% on two-year fixes, and up to 0.25% on five-year fixes. Three-year products are also reducing by up to 0.15%.
The new range will include:
- Two-year fixed rate at 5.24% (was 5.54%) at 60% LTV, suitable for house purchase, which comes with a £1,995 fee, free standard valuation, and £500 cashback,
- Five-year fixed rate at 5.29% (was 5.54%) at 75% LTV, for remortgaging, which comes with a £995 fee, free standard valuation, and free remortgage legal service,
- Five-year fixed rate at 4.99% (was 5.24%) at 60% LTV, for remortgage clients, which comes with a £995 fee, free standard valuation, and free remortgage legal service.
Commenting on these changes, Aidan Smith, Buy-To-let Mortgage Manager at Accord Mortgages, has said:
“We’re absolutely thrilled to offer even better value to our brokers and their clients, with some very keen rate cuts, including a market-leading product option, in response to changing swap rates and market conditions.
“We pride ourselves on our support for landlords, ensuring our products remain as competitive as possible for them in a fast-changing environment, and this is the latest example of this.”
