Accord Mortgages has released a number of five-year fixed rates with no early repayment charges (ERC) for landlord borrowers.
The range is available from Monday and available up to 80 per cent loan to value (LTV). It is open to first-time landlords, existing landlords and portfolio landlords.
It includes a five-year fixed rate product at 65 per cent LTV priced at 2.39 per cent, as well as a five-year fixed rate product at 75 per cent LTTV at 2.93 per cent.
There is also a five-year fixed rate product at 80 per cent LTV priced at 3.99 per cent.
All the products come with a £1,995 fee, free standard valuation and £250 cashback.
Those remortgaging can choose £250 cashback or the lender’s remortgage service.
Simon Garner (pictured), Accord’s buy-to-let mortgage manager, said: “We know landlords value increased flexibility when managing their properties so we’ve designed this new range to offer just that.
“Whether they want to make unlimited overpayments or have the option to transfer to a new product early, we expect these products to be a welcome addition to what’s currently a very small offering in the market.”
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
