Accord enhances BTL range




Accord Mortgages has announced changes across its BTL product suite, with rate reductions of up to 0.15 percentage points for both house purchase and remortgage options.

The lender’s current offering will be withdrawn at 8pm today (18th August) and replaced with the new range at 9am tomorrow.

Highlights of the new range include:

  • an 80% LTV three-year fixed-rate product available at 3.28% per month for house purchase and remortgage clients, which comes with a £995 fee, £500 cashback and a free standard valuation
  • a 75% LTV three-year fixed-rate option offered at 1.65% per month for house purchase and remortgage clients, which includes a £1,495 fee, £300 cashback and a free standard valuation
  • a 65% LTV two-year fixed-rate product at 1.79% per month for remortgage clients, which comes with a £495 fee, £250 cashback and a free standard valuation

Accord Mortgages has also introduced five-year fixed-rate options for clients looking to fix their initial deal term for longer, with rates starting from 1.75% for purchases and 1.73% for remortgages.

These products are available at 65% LTV and include a £1,995 fee, £500 cashback and a free standard valuation.

In addition, the intermediary-only lender is extending end dates on all offerings until the end of January.

Simon Garner, mortgage manager at Accord Mortgages, said: “We’re pleased to launch this new range which aims to give brokers and landlord clients improved choice and, with end dates extended until January, will deliver better value for many.” 

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