Accord Buy to Let launches new 60% LTV range

Accord Buy To Let has launched a choice of new mortgages for landlords with a 40% deposit.

Related topics:  Finance
Rozi Jones
25th August 2017
to let

New rates include a two-year fix at 1.64% at 60% LTV available to remortgaging landlords or those expanding their portfolio. The mortgage comes with a £1,995 product fee plus £550 cashback on completion and free standard valuation.

The lender has also reduced rates on selected two and five-year mortgages by up to 0.27%.

Remortgage highlights include a 1.99% two-year fix at 65% LTV, with £750 cashback on completion and free standard valuation. Whilst those looking to purchase a new property can benefit from a 2.08% two-year fix at 75% LTV, with £750 cashback on completion. Both mortgages have a £950 product fee.

Chris Maggs, Commercial Manager at Accord Buy To Let, said: “We wanted to enhance our mortgage range to give landlords better value for money. We hope by reducing rates on five-year mortgages in particular this will offer landlords the security of a great rate over a longer term.

“We’re confident they will prove popular to brokers and borrowers thanks to their competitive rates and additional features.”

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.