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Accord adds 14 BTL deals and cuts rates

Owain Thomas
Written By:
Posted:
July 26, 2017
Updated:
July 26, 2017

Accord has added 14 fixed rate deals for buy-to-let clients with a deposit of at least 25%.

The new three- and five-year deals all come with a cashback of up to £750.

The lender has also cut rates on selected BTL mortgages by up to 0.2%

Accord Buy To Let commercial manager Chris Maggs said: “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.”

 

New purchase products at 65% loan-to-value (LTV) include:

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2.74% three-year fix with a fee of £450, £550 cashback on completion and free standard valuation;

2.24% three-year fix with a fee of £1,995 and £250 cashback on completion.

 

Remortgage deals include:

a three-year fix at 2.54% for 65% LTV, with a £950 fee plus £750 cashback on completion and free standard valuation;

a five-year fix at 2.51% for 60% LTV with a £950 fee, £550 cashback on completion and free standard valuation.