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Accord cuts BTL rates and adds new deals

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  • 25/08/2017
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Accord cuts BTL rates and adds new deals
Accord has cut rates on some of its two-year and five-year fixed-rate buy-to-let mortgages and added a set of deals for those with a 40% deposit.

The new 60% loan to value (LTV) mortgages include a two-year fix at 1.64% with a £1,995 product fee plus £550 cashback on completion and free standard valuation.

Rates on existing products have been cut by up to 0.27%.

This includes a 65% LTV two-year fix at 1.99% and a 75% LTV two-year fix at 2.08% – both loans come with £750 cashback on completion and a £950 product fee.

Accord Buy To Let commercial manager Chris Maggs (pictured) said: “We wanted to enhance our mortgage range to give landlords better value for money.

“We hope by reducing rates on five-year mortgages in particular this will offer landlords the security of a great rate over a longer term.”

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