Accord makes changes to BTL range | Mortgage Strategy

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Accord Mortgages has announced it will withdraw its current buy-to-let (BTL) mortgage range tomorrow (21 April) at 8pm with a new range being introduced on 22 April at 9am.

The new range will include rate cuts on selected two-year products at 65% loan-to-value (LTV) of up to 0.09%.

The products include a two-year fix at 2.51%, previously 2.60%, available for remortgaging, which comes with a £495 fee, free remortgage legal service and free standard valuation.

Accord has also reduced rates on selected products at 75% LTV, for landlords wishing to benefit from both two-year and five-year terms.

The products include a five-year fix at 2.49%, previously 2.55%, available for both house purchase and remortgage, which comes with a £1,995 fee, £250 cashback and free standard valuation.

Meanwhile, Accord said selected two-year products at 60% and 65% LTV are increasing by up to 0.08%, and up to 0.05% for selected products at 80% LTV.

It has also extended product end dates until 30 September.

Accord BTL mortgage manager Simon Garner says: “We’re pleased to have been able to reduce our buy-to-let mortgages at 65 and 75% LTV to help landlords benefit from better value, but in light of changing market conditions we’ve also had to increase selected rates.”


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