Accord is launching a number of new buy-to-let deals on Friday evening, while also trimming some rates and increasing others.
The lender is adding a new range of house purchase and remortgage products, available at 65 per cent loan-to-value.
The deals include:
- A two-year fixed rate at 1.64 per cent for remortgage clients which comes with a £1995 fee, £250 cashback and free standard valuation.
- A five-year fixed rate at 1.96 per cent for house purchase clients, which comes with a £1995 fee, £500 cashback and free standard valuation.
Accord is also launching new three-year fixed rates for house purchase and remortgage at up to 75 per cent LTV with rates starting from 1.89 per cent.
Changes to the existing 75 per cent LTV range include increased incentives and reduced rates such as:
- A two-year fixed rate mortgage at 2.19 per cent, down from 2.25 per cent, which comes with a £995 fee, £500 cashback (was £250) and free standard valuation for house purchase clients.
- A two-year fixed rate mortgage at 1.83 per cent, down from 1.87 per cent, which comes with a £1,995 fee, free standard valuation and free remortgage legal service.
Accord is also increasing a number of rates at 75 per cent LTV, including:
- Two-year fixed for purchase with £1,995 fee increased by 5 basis points from 1.9 per cent to 1.95 per cent and cashback increased from £250 to £500.
- Two-year fixed for remortgage with £1,995 fee, rate increased by 2 basis points from 1.81 to 1.83 per cent and cashback of £250 added.
- Five-year fixed for purchase with £995 fee, rate increased by 2 basis points from 2.19 to 2.21 per cent and cashback increased from £250 to £500.
- Five-year fixed for remortgage with £995 fee, rate increased by 2 basis points from 2.16 to 2.18 per cent with cashback of £250 added.
Accord buy-to-let product manager Simon Garner says: “We’re pleased to be able to offer this updated range, and hope that by reviewing our incentives and reducing rates we can continue to provide brokers with a range of competitive mortgages for their landlord clients.”
