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Accord expands solicitor panel

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  • 07/06/2013
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Accord expands solicitor panel
Accord Buy to Let has widened its solicitor panel, which it said would offer intermediaries greater choice.

The intermediary-only lender will now accept solicitors from the Accord Mortgages conveyancing panel who possess the Conveyancing Quality Scheme (CQS) accreditation from the Law Society of England and Wales.

Accord Buy to Let national account manager Chris Maggs said: “The expansion of the Accord Buy to Let solicitor panel provides much greater choice for both brokers and customers and we expect the change will be warmly welcomed by intermediaries.

“When we entered the buy to let market, we wanted to operate a limited panel while we established our proposition.

“With the introduction of the Law Society’s CQS scheme we now feel in a position to expand our solicitor panel to include all firms on the Accord Mortgages conveyancing panel who hold this accreditation.”

The expansion comes as Accord reduced rates on its range of low-fee fixed and tracker buy-to-let products.

This includes a two-year fixed-rate product at 3.89% and a three-year fixed-rate at 3.99%. All mortgages are available up to a maximum of 75% loan-to-value.

Accord product manager Toni Roberts said: “Our low-fee products help us to provide a broad range of mortgages suitable for a variety of customers.

“The reduction in mortgage rate on these products will help to lower the costs for borrowers while the changes to the early repayment charges are also good news for them.”

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