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Accord revises buy-to-let range

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  • 20/04/2022
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Accord revises buy-to-let range
Accord Mortgages is making some changes to its buy-to-let mortgage range this week.

The current range will be withdrawn at 8pm Thursday, 21 April, and replaced on Friday, 22 April, at 9am.

The new range will include rate cuts on selected two-year products at 65 per cent loan to value (LTV) of up to 0.09 per cent, including a two-year fixed rate at 2.51 per cent, down from 2.6 per cent. This is available for remortgaging with a £495 fee, free remortgage legal service and free standard valuation.

The intermediary-only lender also reduced rates on some 75 per cent LTV products for two-year and five-year fixed rate terms. These include a five-year fix at 2.49 per cent, previously 2.55 per cent, available for both house purchase and remortgage with a £1,995 fee, £250 cashback, and free standard valuation.

Selected two-year products at 60 per cent and 65 per cent LTV are being increased by up to 0.08 per cent, and by up to 0.05 per cent for some products at 80 per cent LTV.

Accord has also extended product end dates until 30 September.

Simon Garner (pictured), buy-to-let mortgage manager at Accord, said: “We’re pleased to have been able to reduce our buy-to-let mortgages at 65 and 75 per cent LTV to help landlords benefit from better value, but in light of changing market conditions we’ve also had to increase selected rates. As always, we’re letting brokers know about the changes.”

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