Accord reduces rates across buy-to-let mortgage range


Accord Mortgages is cutting rates on all products in its buy-to-let range by up to 0.24%.

The new rates will be available from 8am on Monday 3 April and include:

  • A two-year fix at 60% LTV reduced to 4.64% from 4.77%. This comes with a £1,995 completion fee, and the option of either free remortgage legal service or £250 cashback.
  • A two-year fix at 65% LTV for clients who are purchasing a property cut to 4.76% from 4.94%, which comes with a £1,995 fee and £500 cashback
  • A three-year fix at 75% LTV, now priced at 4.96% (was 5.20%), which comes with a £995 fee . Remortgagers also have the option of either £250 cashback or free remortgage legal service; and for house purchasers, the product comes with £250 cashback.

All of the above come with free standard valuations.

Accord buy-to-let mortgage manager Simon Garner says: “We’re responding to market conditions to ensure our products remain as competitive as possible in a fast-changing environment.

“This new range has something to offer a wide variety of landlords, and with attractive offerings for both house purchasers and those remortgaging, we hope it will be well received, especially in the current climate, which has been very challenging for those in the private rental sector.”

Yesterday, Accord announced rate cuts for products in its residential mortgage range.

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