Accord brings back 80% LTV buy-to-let products - Mortgage Strategy

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Accord buy-to-let is increasing its maximum loan-to-value to 80 per cent for remortgage and house purchase.

The intermediary lender reintroduced products up to 90 per cent LTV last month.

It is now returning to offering its full range of buy-to-let LTV products for brokers with landlords wanting to remortgage or purchase.

New products will be launched at 8am on Friday 5 June to support the changes.

Remortgage products include:

  • Two-year fixed rate at 2.76% at 80% LTV with £950 product fee, free standard valuation and either £250 cashback or Accord’s re-mortgage  legal service included
  • Five-year fixed rate at 3.20% at 80% LTV with £950 product fee, free standard valuation and either £250 cashback or Accord’s  remortgage legal service included

Purchase products include:

  • Two-year fixed rate at 2.89% at 80% LTV with £950 product fee, free standard valuation and £500 cashback
  • Five-year fixed rate at 3.25% at 80% LTV with £950 product fee, free standard valuation and £500 cashback

Accord Mortgages director of intermediary distribution Jeremy Duncombe says: “Not only have we been able to re-launch our 80 per cent LTV range, but we’re offering a very competitive choice of products to landlords with smaller deposits.

“This latest launch sees our buy-to-let product offering back to where it was at the start of the year, which is a huge achievement in such a short space of time and we thank all brokers for their support and patience over the last few weeks.”


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