Accord extends buy-to-let end dates

Accord has reduced rates across its buy-to-let mortgage range and extended the end dates to August.

Related topics:  Mortgages
Rozi Jones
27th February 2019
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"All on-sale mortgages, regardless of term, have an end date in August "

Highlights in the new range include a two-year fixed rate at 1.90% up to 75% LTV with a £1,495 product fee, free standard valuation and £500 cashback.

The same rate is also available for remortgaging landlords, which also comes with £1,495 fee, free standard valuation and a choice of either £500 cashback or free legals and £250 cashback.

A five-year fixed rate is also available at 2.45% up to 65% LTV for purchase or remortgage with a £950 product fee, free standard valuation and up to £500 cashback.

Toni Roberts, mortgage product manager at Accord Buy To Let, said: “We’ve refreshed our mortgage range to give brokers and their clients more choice and greater value.

“All on-sale mortgages, regardless of term, have an end date in August which could give landlords an extra few months on top of their initial two, three or five year deal periods.

“With current economic uncertainty some brokers may find their clients value this extra time to benefit from the rate for longer, or weigh up their options when it comes to renewing their mortgage.”

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