Accord cuts buy-to-let rates by up to 0.38%

Accord Mortgages is reducing rates on its buy-to-let range by up to 0.38%.

Related topics:  Mortgages
Rozi Jones
15th July 2021
BTL buy to let
"We’re confident this new range will be welcomed by brokers looking to offer their landlord clients better value, with reduced rates and a range of incentives i"

The intermediary-only lender will cut rates on its 65%, 75% and 80% LTV mortgages from tomorrow.

Highlights include a two-year fixed rate which is reducing from 1.97% to 1.59% at 65% LTV, which comes with a £995 fee and free standard valuation.

A three-year fixed rate mortgage has been cut from 2.01% to 1.78% at 75% LTV with a £1,495 fee, free standard valuation and £300 cashback.

At 80% LTV, Accord is offering a two-year fix at 3.12%, down from 3.42%, with a £995 fee, free standard valuation and £250 cashback.

Two and five-year products at 60% LTV remain unchanged, as do the lender’s three-year products at 80% LTV.

Simon Garner, buy-to-let mortgage manager at Accord Mortgages, said: “We’re confident this new range will be welcomed by brokers looking to offer their landlord clients better value, with reduced rates and a range of incentives including cashback, remortgage legal services and free standard valuation.”

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