On Thursday 10 December, Accord Buy To Let will be reducing rates and improving its incentive offerings on 11 remortgage and house purchase products.
Remortgage highlights include:
- Two-year fixed rate at 65 per cent LTV will reduce by 10 basis points to 1.74 per cent from 1.84 per cent with a £1,495 completion fee and free valuation
- Two-year fixed rate at 65 per cent LTV will fall by seven bps to 1.82 per cent from 1.89 per cent with £1,495 completion fee and free valuation. This product now includes a remortgage legal service
- Five-year fixed rate at 80 per cent LTV with the rate remaining at 3.99 per cent and a £1,995 completion fee including free valuation and remortgage legal service. There is an added cashback of £1,250
For purchase customers, rates remain the same but cashbacks have gone up:
- Two-year fixed rate at 80 per cent LTV at a rate of 3.98 per cent with a £1,995 completion fee and free valuation. The cashback will be raised to £1,500 from £250
- Five-year fixed rate at 65 per cent LTV at a rate of 2 per cent with a £1,995 completion fee and free valuation. The cashback will increase to £500 from £250
Accord Buy To Let product manager Simon Garner says: “To ensure we can continue to offer as competitive a range of products to landlords as possible, we have reviewed the range and made a number of adjustments to rates and incentives.
“We hope the refresh will be well received by brokers looking to secure the best purchase and remortgage deals for their clients.”