Accord announce cashback on all BTL products

Accord Buy To Let has announced that it has added cashback to its entire mortgage range in a move it claims will help landlords manage the upfront cost of remortgaging or buying a new property.

Related topics:  Finance
Warren Lewis
9th June 2017
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Landlords opting for a mortgage with the intermediary-only lender, which is part of the Yorkshire Building Society, will receive a minimum of £250 cashback when their mortgage completes and a maximum of £750 cashback if they choose selected products.

In addition, Accord has reduced rates on 28 lower loan-to-value (LTV) buy-to-let mortgages by up to 0.55%.

Highlights include a 1.79% two-year fix at 65% LTV for remortgaging landlords, which comes with a £1,995 product fee, free standard valuation, free legal fees and £250 cashback on completion.

For those looking to expand their portfolio there is a two-year fix at 1.99% at 75% LTV, available with a £1,995 product fee plus free standard valuation and £550 cashback on completion.

Chris Maggs, Accord’s Buy to Let Commercial Manager, said: “We’re always looking at ways to give landlords a helping hand so by adding cashback to our entire range, whether a purchase or remortgage, will provide landlords with some extra funds which is always beneficial when taking out a new mortgage.

As well as cashback, many of our mortgages include free standard valuation and free legal fees which are popular with landlords so we hope that we have an appealing choice of additional features to suit different needs.”

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