At 70 per cent loan to value (LTV), there is a product priced at 6.14 per cent for standard properties with an energy performance certificate (EPC) rating between A and C. For properties with an EPC rating of D or E, the rate is 6.24 per cent. This product can also be lent against standard flats above commercial properties.
For houses of multiple occupation (HMOs) and multi-unit freehold blocks (MUFBs) with an EPC rating between A to C, the rate is 6.44 per cent. For properties with a rating of D and E, it is priced at 6.54 per cent.
Product fees on these mortgages vary depending on the fixed rate chosen.
Paul Fryers, managing director at Zephyr Homeloans, said: “We’re excited to provide more ways for brokers to offer further options for their buy-to-let landlord customers looking for funding solutions in the present market.”
Accord Mortgages brings out tracker deals
Accord Mortgages has added tracker mortgages to its range with options available up to 85 per cent LTV.
The deals are open to residential and buy-to-let borrowers and have terms of two years.
For residential products, there is a 75 per cent LTV product with a rate of 4.19 per cent, which is available for house purchase. At 85 per cent LTV, the tracker is priced at 4.39 per cent and free legals are offered to remortgagors.
For landlords, the product at 60 per cent LTV which is open for purchase and remortgage has a rate of 4.32 per cent. This comes with £250 cashback.
At 65 per cent LTV, the buy-to-let tracker has a rate of 4.33 per cent and is available for remortgage with free legals.
All products have a £995 fee and a free standard valuation.
Simon Garner, mortgage manager at Accord Mortgages, said the launches were in response to borrower demand.
He added: “We’ve seen an uptick in demand for our discounted variable-rate products in recent weeks, and wanted to offer a more straightforward range for brokers and their clients.
“We have also acted on feedback that base rate trackers are well understood by clients, so we’re pleased to launch a number of tracker products to our residential and buy-to-let ranges.”
