Accord cuts buy-to-let rates by 0.3%

Accord cuts buy-to-let rates by 0.3%


Todays other news
The improved mood follows the latest Bank of England rate...
Four in five UK self-employed entrepreneurs have struggled to get...
The cost of home insurance in the UK increased by...
The lender has claimed to move away from the 'them...
L&G Mortgage Club has launched an end-to-end digital mortgage solution...


Accord Buy to Let has cut the rates on its range of three and five-year fixed rate mortgages by up to 0.30%.

The intermediary-only lender, part of the Yorkshire Building Society Group, is also giving buy-to-let investors the option of added incentives.

Accord is now offering landlords with a 25% deposit a five-year fixed rate mortgage at 3.54% with a £800 product fee, plus £500 cashback on completion for house purchases.

It also offers a choice of either free standard valuation and legal fees, or £300 cashback on completion and free standard valuation for remortgages.

Accord has unveiled a three-year fixed rate mortgage 3.29% for landlords with 75% loan-to-value (LTV). 

This deal has a £800 fee and offers £500 cashback on completion for house purchases, or a choice of either free standard valuation and legal fees, or £300 cashback on completion and free standard valuation for remotgages.

Chris Maggs, Accord’s Buy to Let commercial manager, said: “We are constantly reviewing our buy-to-let mortgages to offer the best fit for landlords, and the reductions on our three and five-year ranges allow brokers to choose the best loan to suit their clients’ requirements.

“We hope the additional incentives will minimise the initial outlay associated with expanding a portfolio or reduce landlords’ outgoings when remortgaging.”

Tags:

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Introducer Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
A prominent agency expects anxious buyers to keep searching...
The warning comes in the latest market snapshot from Rightmove...
Recommended for you
Latest Features
The improved mood follows the latest Bank of England rate...
Four in five UK self-employed entrepreneurs have struggled to get...
The cost of home insurance in the UK increased by...
Sponsored Content
Historically second charge mortgages or secured loans as they are...
Lenders must say what they mean and mean what they...
Fraudsters attacking the conveyancing sector, successfully stealing large sums of...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here