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TODAY'S OTHER NEWS

Accord reduces BTL rates

Accord has cut rates across its buy-to-let products. 

The lender has reduced two-year fixed rates to 3.2% at 80% loan-to-value (LTV) with a £950 fee. 

Five-year fixed rate deals now start at 1.83% up to 60% LTV and 1.93% up to 65% LTV, both with a £1,495 fee. 

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All products come with £500 cashback and a free standard valuation.

 

For landlords looking to remortgage, a two-year fixed-rate is now available from 3.21% at 80% LTV, with a £950 fee.

Five-year fixes have been cut to 3.45% at 80% LTV with a £950 and 1.79% at 60% LTV with a £1,495 fee. All remortgage products come with a free valuation and £250 cashback.

Jemma Anderson, Accord product manager, said: “As part of our ongoing review, we’ve cut rates on a broad range of products to offer brokers more choice.

“We’ve also increased the cashback offering on the five-year Help to Buy products, so anyone planning on taking advantage of the scheme before the transition next year has an added incentive.”

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