Finance

BTL range switched-up at Accord to stay ahead of changing market

Property Reporter
|
30th July 2020
To Let 556

Accord Buy To Let has announced that is to withdraw its existing range at the end of the month and relaunch an enhanced BTL range on Monday 3rd August to keep in pace with changing demands from landlords.

According to the lender, the new range will include reduced rates, extended end dates and the introduction of 14 new products as part of the refresh.

For house purchase clients, a two-year fixed rate starts from 1.39% at 60% LTV with £1,995 fee or a five-year fix is available at 2.09% up to 65% LTV with a £495 fee.

For remortgage, borrowers can choose a 1.33% two-year fixed rate at 60% LTV with a £1,995 fee or a five-year fix at 2.09% up yo 65% LTV with a £495 fee.

In addition, Accord has reduced rates on a number of products. Highlights include a two-year fixed rate which has reduced from 2.04% to 1.88% at 75% LTV with a £950 fee and free valuation.

For remortgages, a two-year fixed rate is available at 1.76%, down from 1.85%, at 75% LTV with a £1,495 fee, remortgage legal service and free valuation.

Simon Garner, product manager at Accord Buy To Let, said: “The market is changing and many landlords will be reviewing their options. To ensure we can offer a comprehensive choice of products for brokers we have refreshed the whole range including extending end dates until 31st December and hope this provides support to landlords over the coming months.”

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