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Accord trims landlord mortgage rates and raises cashback

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  • 01/05/2018
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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.”

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