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Accord lowers rates on BTL remortgages

Accord Buy To Let has reduced rates on two and five-year fixed-rate remortgage products by up to 0.18%.

Accord, which is part of Yorkshire Building Society, is also offering landlords taking out any of their deals an additional £250 cashback on selected mortgages.

Accord’s two-year fixed rate deals start at 2.12% at up to 75% loan-to-value (LTV) which has free standard valuation, while its five-year deal is available at 2.66% up to 65% LTV with free standard valuation and free legal fees. Both deals include a £950 fee plus £750 cashback on completion.


The remortgage market has performed well in 2018 so far, as many landlords look to re-finance their portfolios following the second round of tax relief reductions, according to Chris Maggs, commercial manager at Accord Buy To Let.

He said: “Our latest range of products aims to provide landlords with a helping hand when managing their portfolios. We hope the additional £250 cashback boost, on mortgages with no cashback as well as some that already had £500 cashback, will help minimise the upfront costs of remortgaging a property.

“We constantly review our mortgages to offer the best fit for landlords, and we hope this combination of benefits will really appeal to brokers and their clients looking for the best option to suit their individual buy-to-let requirements.”

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