Accord expands low-LTV buy-to-let range

Accord Buy To Let has reduced rates on selected lower LTV mortgages by up to 0.20% and introduced new 65% LTV options.

Related topics:  Mortgages
Rozi Jones
25th January 2017
BTL buy to let sign
"We hope brokers looking for competitive deals on buy-to-let property purchases and remortgages will welcome these new rates as much as their clients."

Two-year fixes are now available at 1.99% for buy-to-let borrowers with a 35% deposit, and on offer at 75% LTV is a two-year fix at 2.04%.

Both mortgages are available to landlords looking to remortgage or extend their portfolio, and come with a £1,995 product fee.

In addition Accord has launched new options at 65% LTV with additional features, including a 2.54% two-year fix with a £450 product fee. Those buying a new property will receive £500 cashback on completion. Remortgaging landlords can choose from either free standard valuation and £300 cashback on completion, or free standard valuation and legal fees.

Chris Maggs, Accord’s Buy to Let Commercial Manager, said: “We are always looking at ways to offer landlords value for money and we believe that these mortgages will prove very attractive thanks to the competitive rates and additional features.

“We hope brokers looking for competitive deals on buy-to-let property purchases and remortgages will welcome these new rates as much as their clients.”

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