Accord Mortgages is making further changes to its buy-to-let range, for the second time in as many weeks, to offer even better value to brokers and their landlord clients in a rapidly changing market environment.
These latest changes see the intermediary-only lender reducing rates across all loan-to-values (LTVs), including reductions of as much as 0.24% at 75% LTV.
The new range is available from 8am on Monday 3rd April, and product offerings include a 2-year fix at 60% LTV, suitable for those remortgaging, at 4.64% (was 4.77%).
This comes with a £1,995 completion fee, and the option of either free remortgage legal service or £250 cashback. Both product options come with free standard valuation
The lender is also reducing rates on a 2-year fix at 65% LTV for clients who are purchasing a property. It has been reduced to 4.76% (was 4.94%) and comes with a £1,995 fee, free standard valuation and £500 cashback.
Finally, changes also include a 3-year fix at 75% LTV, now priced at 4.96% (was 5.20%), which comes with a £995 fee and free standard valuation.
Remortgagers also have the option of either £250 cashback or free remortgage legal service; and for house purchasers, the product comes with £250 cashback.
Simon Garner, buy-to-let mortgage manager at Accord, said: “We’re responding to market conditions to ensure our products remain as competitive as possible in a fast-changing environment.
“This new range has something to offer a wide variety of landlords, and with attractive offerings for both house purchasers and those remortgaging, we hope it will be well received, especially in the current climate, which has been very challenging for those in the private rental sector.”
