Buy to Let

Accord adds 14 new fixed rates at 65% LTV and up

Accord Buy To Let has today expanded its range of fixed rate mortgages for landlords with deposits of 25 per cent or more.

The lender has added 14 additional three and five-year mortgages, all with cashback of up to £750.

At 65 per cent LTV the lender has brought in a  2.74 per cent three-year fix with a product fee of £450, plus £550 cashback on completion and free standard valuation.

At the same LTV, Accord has rolled out a 2.24 per cent three-year fix which comes with a £1,995 product fee and £250 cashback on completion.

Remortgaging landlords can get a three-year fix at 2.54 per cent at 65 per cent LTV, with a £950 product fee plus £750 cashback on completion and free standard valuation.

The lender has also brought in a five-year fix at 2.51 per cent for landlords with a 40 per cent deposit.

This mortgage comes with £550 cashback on completion and free standard valuation and has a £950 fee.

Accord Buy To Let commercial manager Chris Maggs says: “With the threat of a potential rate rise looming we feel our five year fixed rate options will appeal to landlords at the moment, so we wanted to provide them with a choice of competitive deals.”

Leave a Reply

Your email address will not be published. Required fields are marked *

five + 5 =