Accord Mortgages is making changes to its buy-to-let range for the third time in a month, with rate cuts of as much as 0.78% taking effect from 8am tomorrow (Friday 2nd December).
The intermediary-only lender has also expanded its product range to offer a greater choice of fee and incentive combinations, including increased cashback on both house purchase and remortgage products, and has extended product end dates until April to give maximum product term value to brokers and their clients.
Highlights include a 2-year discounted variable rate of 4.10%, (was 4.88%), up to 75% LTV, available for house purchase and remortgage, which comes with a £995 fee, free standard valuation and £250 cashback.
There is also a 5-year fixed rate of 5.76% (was 6.35%), up to 65% LTV, available for both house purchase and remortgage, with a £1,995 fee, free standard valuation and £250 cashback.
Alongside that is a 5-year fixed rate of 5.11% (was 5.51%), up to 60% LTV, available for remortgaging, which comes with a £1,995 fee, free standard valuation and £500 cashback.
Simon Garner, buy-to-let mortgage manager at Accord, said: “We’re pleased to offer further rate reductions on our buy-to-let range.
“We’ve also taken the opportunity to review our fees and incentives to offer better choice, and extended end dates to provide brokers and their landlord clients maximum benefit. We hope the new range will be well received.”
