Accord announces reductions on 2 year BTL fixes

Accord Buy To Let has announced this morning that it has reduced rates on selected two-year fixed rate mortgages by up to 0.20%.

Related topics:  Finance
Warren Lewis
8th September 2016
House Graphics 1

The lender, which is part of Yorkshire Building Society Group, has confirmed that it will offer lower rates on two-year fixes at 65% and 75% loan-to-value (LTV) which also include fee free options and added incentives.

Highlights for remortgaging landlords include a two-year fix at 2.44% at 65% LTV, which comes with a £800 fee and free standard valuation and free standard legal fees. Also available is a two-year fix at 65% LTV, with an £800 fee and £300 cashback on completion plus free standard valuation.

Landlords looking to expand their portfolio can either opt for a competitive two-year fix at 2.29% available at 65% LTV with a £800 fee, or a 75% LTV two-year fix which has no fee and £500 cashback on completion.

Chris Maggs, Accord’s Buy to Let Commercial Manager, said: “We are very pleased to reduce the rates on our two-year mortgages, especially at a time when landlords are getting to grips with tax increases. We hope that by reducing rates landlords can consider expanding their portfolio or reduce outgoings through remortgaging, and these competitive rates will help brokers looking for the best deal for their clients.”

More like this
Latest from Financial Reporter
Latest from Protection Reporter
CLOSE
Subscribe
to our newsletter

Join a community of over 20,000 landlords and property specialists and keep up-to-date with industry news and upcoming events via our newsletter.