Mortgage News
Accord set to add four trackers to buy-to-let range
Accord Mortgages is set to add four tracker rates to its buy-to-let mortgage range with rates starting from 2.69%, on Friday 12 August.
The rates track the Bank base rate (BBR) for two years without early repayment charges available for landlords purchasing or remortgaging properties.
The products are available up to 75% loan-to-value (LTV) and come with free standard valuations, free legals for remortgage customers and a product fee of £300.
The four products to be added to the range are:
BoE BBR + 2.44% (2.69%) 65% LTV remortgage
BoE BBR + 2.65% (2.90%) 75% LTV remortgage
BoE BBR + 2.44% (2.69%) 65% LTV house purchase
BoE BBR + 2.65% (2.90%) 75% LTV house purchase
The expansion of the buy-to-let range follows Accord’s announcement that it has reduced its agreement-in-principle times by three hours bringing the average time taken to approve an application to under an hour.
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