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Accord Buy To Let eyes first-time landlords and CB2L


Accord Buy To Let plans to expand into the first-time landlord and consumer buy-to-let markets, according to buy-to-let commercial manager Chris Maggs.

The lender will do this at the end of 2016 or beginning of next year, he says.

Maggs says: “So far we have had a relatively conservative proposition, but we are looking to expand that. We will start to look at new markets.”

Accord is eyeing these new areas to help grow its market share, according to Maggs.

He says: “The market has contracted a little bit since the government intervened so we want to grow our market share. We need to get into these markets to do that.”

The lender will start small with a cautious approach to the new markets, Maggs says.



Accord Buy To Let cuts all five-year fixes by 0.30%

Accord Buy To Let has cut its entire five-year fixed rate range by 0.30 per cent. The range now includes a 2.89 per cent five-year fix at 60 per cent LTV to remortgaging landlords. This has an £800 fee and the choice of a free standard valuation and standard legal fees or £300 cashback on […]


Accord to launch five-year fixed range

Accord Mortgages will launch a range of five-year fixed rate mortgages tomorrow. The range includes a 2.24 per cent product at 75 per cent LTV, a 2.44 per cent loan at 80 per cent LTV and a 2.60 per cent mortgage at 85 per cent LTV. Each mortgage comes with a £845 fee, £250 cashback […]


Accord launches buy-to-let tracker range

Accord Buy To Let is launching a range of new two-year tracker mortgages with no early repayment changes. The mortgages will track the Bank of England base rate for two-years, collared at the current rates. At the end of the two-year term landlords will revert to a discounted rate of 3.79 per cent (1.75 per […]

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Pension Wise — now taking calls…

Those with decent-length memories will recall that in the 2014 Budget statement George Osborne announced the new (and entirely unexpected) pension freedoms. The new rules come fully into force in less than two weeks.

Europe: banking on a recovery

Neptune video: Europe — banking on a recovery

Arguing that the eurozone crisis is over, watch Rob Burnett, head of European equities at Neptune, discuss the sectors that he’s investing in to harness the recovery. 

In the video, Burnett addresses the following: 

• The primary drivers of the eurozone’s economic recovery
• The turnaround in individual countries’ current accounts
• Sectors best positioned to harness the recovery, without offering undue exposure to risk


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