Accord is repricing its buy-to-let product transfer range on Friday with a mixture of rate increases and reductions.
Its current range will be available until 6pm on Thursday.
Accord is making major reductions on the following two deals:
- At 80% LTV, two-year fixed rate with no fee is being cut by 48 basis points from 3.48% to 3%
- Also at 80% LTV, five-year fixed rate with no fee is reducing by 36 basis points from 3.51% to 3.15%
The lender is making small reductions to the following deals:
- At 75% LTV, two-year fixed with £950 fee is being cut by 2 bps to 1.87%
- At 75% LTV, two-year fixed with £1,495 fee is being cut by 4 bps to 1.71%
Accord is increasing the following rates at 60% LTV:
- Two-year fixed with no fee is being increased by 5 bps to 1.95%
- Five-year fixed with no fee is being increased by 5 bps to 2.05%
- Five-year fixed with £950 fee product is being increased by 5 bps to 1.85%
- Five-year fixed with £1,495 fee product is being increased by 7 bps to 1.82%
The lender pays procuration fees of 0.3% on product transfers.
