news | Over 1 year ago | Jon Yarker

Accord cuts BTL rates

Accord Mortgages has cut rates on its BTL products by 0.05% across the board.


With the lender also making changes to its residential offerings, these changes will come into effect from 12th December.

Landlords will be able to access two, three and five-year fixed-rate options.

The two-year fixed-rate mortgage is available at 5.09%, down from 5.14%, with no fee and up to 60% LTV. This is targeted both house purchasers and those remortgaging.

The three-year fixed-rate mortgage is available at 4.84%, down from 4.89%, on up to 65% LTV. This carries a £995 fee, with remortgage legal service available as well.

The five-year fixed-rate mortgage is available at 4.79%, down from 4.84%, on up to 75% LTV. This carries a £1,995 fee and a £250 cashback offer.

All three options come with free standard valuations, with the latter two only available for remortgaging scenarios.

“We’ll continue to closely monitor market developments as we approach the end of the year and into next, to ensure we’re providing the best possible value for our brokers and all of their clients,” said Gemma Hyland, mortgage product manager at Accord.

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