Accord extends buy-to-let range

landlord, BTL, words

Accord is extending its range of buy-to-let deals with a number of new two- and three-year options.

The intermediary lender, part of the Yorkshire Building Society, has launched new cashback options on its two-year fixed rate range, and has reduced rates by up to 0.2 per cent on selected three-year deals. It has also launched a new tracker range.

New deals include a two-year fix at 1.72 per cent at 60 per cent LTV. This has a product fee of £1,495, though it comes with a free standard valuation. Those remortgaging also get free legal fees, while those extending their portfolio can get £250 cashback on completion.

The lender is also offering £1,000 cashback to landlords remortgaging or extending their portfolio with a two-year fixed rate of 2.89 per cent at 75 per cent LTV.

This mortgage comes with a low fee of £195 and free standard valuation.

Three-year fixed rates have also been reduced by up to 0.20 per cent. Landlords borrowing 75 per cent LTV will get a rate of 2.72 per cent. This comes with a free standard valuation and £500 cashback on completion.

Accord has also launched two new tracker mortgages with no early repayment charges. The mortgages track the Bank of England base rate,  and are designed to provide landlords with flexibility to exit their mortgage early should their circumstances change over the next two years.

At 75 per cent loan-to-value (LTV) the two-year tracker charges a rate of 2.29 per cent. This is available to those extending their portfolio, or remortgaging. These tracker mortgages have a product fee of £950 and include free standard valuation.

Accord Buy to Let’s commercial manager Chris Maggs says:  “We believe these new products will be welcomed by brokers whose clients are looking for choice and flexibility when managing their portfolio.”


Accord drops ID certification requirement

Accord Mortgages has announced that copies of ID documents will no longer need to be certified during the mortgage application process. Instead, photocopies of required documents, including passports and driving licences, will be deemed sufficient. This, the lender says, will make uploading documents faster and improve the overall application experience. This change takes place across […]

Accord Mortgages issues BTL tax guide

Accord Mortgages has made a new buy-to-let tax guide available for brokers through its Accord Growth Series of blogs. The guide aims to help landlords navigate the new tax regime that started on 6 April 2017, the first returns for which landlords will soon be expected to file. The way in which income tax, wear […]


News and expert analysis straight to your inbox

Sign up