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TODAY'S OTHER NEWS

Accord Buy To Let introduces new products and cuts rates

Accord Buy To Let has expanded its remortgage product range by introducing 13 new products at 60%-65% loan-to-value (LTV) with two or three-years fixed term options. 

Highlights include a two-year fixed rate deal at 60% LTV, available at 1.96% which comes with no product fee, free valuation and either £250 cashback or free standard legal services

There is also a new two-year fixed rate product available at 65% LTV at 1.87% which comes with a £950 product fee, free valuation and either £250 Cashback or free standard legal services. 

Three-year fixed rate deals at 65% LTV now start at 2.05% which comes with a £950 product fee and free valuation.

In addition, rates on more than half the existing range will be reduced to offer landlords a more competitive selection of products. 

Changes include a five-year fixed rate at 60% LTV is now 2.02%, down from 2.09%, and comes with no product fee, free valuation and either £250 cashback or free standard legal services. 

There is also a two-year fixed rate at 60% LTV now available at 1.60%, down slightly from 1.62%, and comes with a £950 product fee, free valuation and either £250 cashback or free standard legal services. 

A five-year fixed rate at 65% LTV is now 2.21%, having dropped from 2.23%, and comes with no product fee, free valuation and either £250 cashback or free standard legal services

Simon Garner, Accord Buy To Let product manager, commented: “These are difficult times for all and so we’ve reviewed our product range and looked at where we can offer better options to landlords wanting fixed-rate shorter terms whilst they wait to see how the market adjusts.”

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