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Accord targets refinancing landlords with rate cuts

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  • 07/09/2018
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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.

“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.

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