Accord revamps BTL range

Accord has enhanced its range of BTL mortgages to help remortgaging landlords.

The changes include a two-year fixed rate product at 1.94% for remortgaging landlords with a 35% deposit, a £1,495 fee, free standard valuation and no legal fees.

Other remortgage deals include a five-year fixed rate product at 2.84% with 65% LTV, and a five-year fixed rate option at 2.94% with 75% LTV.

Both products come with a £950 fee, free standard valuation, no legal fees and £500 cashback.

A two-year fixed rate product at 2.39% with 60% LTV, and a two-year fixed rate product at 2.69% with 75% LTV are also available for landlords looking to expand their portfolios.

The products come with free standard valuation, £500 cashback and no product fee.

Chris Maggs, commercial manager at Accord Buy to Let (pictured above), said: “Whether you’re a portfolio landlord with four or more properties or a landlord with a smaller portfolio, these new products – coupled with competitive rental affordability requirements – are sure to prove popular with brokers and landlords.

“Our most preferred mortgages among landlords tend to be those which offer three key incentives, a free basic valuation, free legal fees covering standard legal work and a cashback.

“There has probably never been a better time to remortgage with Accord.”

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