Accord lowers BTL rates by up to 0.29% across all LTVs Mortgage Strategy

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Accord Mortgages will reduce rates on its buy-to-let (BTL) products across all loan-to-values (LTVs), including cuts of up to 0.29%.

In addition, the lender is extending its end dates to 31 August.

From 8am on 23 March, a fee-free five-year fix at 75% LTV, suitable for remortgaging, will be reduced by 0.29% to 5.01%.

This also comes with free standard valuation and a choice of £250 cashback or free remortgage legal service.

A five-year fix at 75% LTV for both remortgage and house purchase clients, will drop by 0.25% to 5.31%. This comes with a £1995 fee, free standard valuation and £250 cashback, as well as the added benefit of no early repayment charges (ERCs).

A five-year fix at 60% LTV for remortgage clients will be 4.60% down from 4.73%. This comes with a £1995 fee, free standard valuation and a choice of £250 cashback or free remortgage legal service.

A fee-free two–year fix at 60% LTV for house purchases will be 5.61% lowered from 5.74%. This comes with free standard valuation and £500 cashback.

Accord BTL mortgage manager Simon Garner says: “We’re pleased to be able to cut rates on our buy-to-let range, during what has been a difficult period for landlords.”

“By ensuring our product range remains as competitive as possible, we’re maintaining our support for brokers and their landlord clients in a very fast-changing market.”


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