Accord issues new BTL mortgages | Mortgage Strategy

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Accord Mortgages has detailed a new range of fixed-rate and discounted buy-to-let (BTL) mortgages.

Available for purchase and remortgage, the new products include a 60% LTV two-year discount at 1.19%, a 65% two-year discount at 1.22% and a 75% LTV two-year discount at 1.34%.

Each of the above products comes with a free standard valuation and charges a £995 fee.

At 80% LTV, the lender has cut its two-year fix with £995 fee from 2.91% to 2.87% and its five-year fix with £1,995 fee from 3.12% to 3.08%.

It has also reduced the initial rate for its 80% LTV two-year discount from 2.71% to 2.67%. This charges a £995 fee.

Alongside this, the lender has extended product end dates to 30 April 2022.

Accord BTL mortgage manager Simon Garner comments: “In extending product end dates, we’ve also taken the opportunity to revise the full range, reflecting market conditions.

“This means that rates have been reduced on selected products and increased on others and, in some cases, cashback has also been reviewed.

“We hope the new range will be welcomed by brokers and their clients”.


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