You are here: Home - News -

Accord trims landlord mortgage rates and raises cashback

  • 01/05/2018
  • 0
Accord trims landlord mortgage rates and raises cashback
Accord has cut rates and added additional cashback to select buy-to-let deals.



The intermediary lending arm of Yorkshire Building Society has reduced rates on two and five-year fixed-rate mortgages by up to 0.18%.

Cashback has also been increased by £250 on 29 remortgage deals.

Accord is now offering remortgaging landlords a two-year fixed-rate of 2.12% at 75% loan to value (LTV), as well as a five-year fixed-rate of 2.66% at 65% LTV, both deals comes with a £950 fee and £750 cashback on completion.

Chris Maggs, commercial manager at Accord buy to let (pictured) said: “The remortgage market has been strong in 2018 so far, as many landlords look to re-finance their portfolios following the second round of tax relief reductions.

“Our latest range of products aims to provide landlords with a helping hand when managing their portfolios.

“We hope the additional £250 cashback boost, on mortgages with no cashback as well as some that already had £500 cashback, will help minimise the upfront costs of remortgaging a property.”

There are 0 Comment(s)

Comments are closed.

You may also be interested in

Read previous post:
Buy-to-let mortgage choice hits a record high

The number of buy-to-let mortgages on the market has its highest ever level, as lenders compete for landlord borrowers, analysis...