Accord announces cuts to its fixed BTL range

Accord Buy To Let has reduced rates on its entire fixed rate range by up to 0.3% and launched new remortgage options on three and five-year fixes.

The new range from Yorkshire Building Society Group’s intermediary-only lender includes new two-year fixed rate at 1.94%, with an £800 fee, available to remortgaging landlords at 60% loan-to-value (LTV), with free standard valuation and standard legal fees.

The lender is also offering a three-year fix at 2.64% for 65% LTV, with an £800 fee. The mortgage comes with £500 cashback on completions for landlords looking to extend their portfolio, along with free standard valuations and standard legal fees for remortgages.

A five-year remortgage deal is available at 3.09% for 60% LTV, with the same £800 fee and a choice of free standard valuation and £300 cashback on completion, or free standard valuation and standard legal fees.

“We have reduced rates across our entire fixed range to ensure we are offering competitive options to suit all circumstances,” said Chris Maggs, Accord’s Buy to Let’s commercial manager.

“We also hope the added incentives such as cashback on completion and free standard valuations will prove popular with brokers and landlords looking to get the most from a mortgage,” he added. 

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