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Accord targets refinancing landlords with rate cuts
Accord has revamped its buy-to-let mortgage range with rates cut by up to 0.25%.
The majority of the changes apply to its remortgage range, including a two-year fixed deal at 2.69%, available up to 75% LTV, which comes with either free legals and valuation or free valuation and £500 cashback.
Alongside the reduced rates, Accord has launched a two-year fixed rate remortgage deal at 1.51% for borrowers at up to 75% LTV. It comes with a free standard valuation and a fee of £1,995.
Chris Maggs (pictured), commercial manager at Accord, said the lender had made the changes in order to give landlords more choice when managing their portfolios.
He added: “As well as reducing rates, we’ve added a competitive new mortgage and kept a number of additional features including cashback, free standard valuation and free legal fees in our range to help landlords with the upfront cost of remortgaging.
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“We hope this selection of mortgages will really appeal to brokers and their clients looking for solutions to their buy-to-let requirements.”
The move follows product rate cuts of up to 0.16% from Accord last month.