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Accord launches new buy-to-let mortgages at 60% LTV


Accord Buy To Let has today launched new mortgages for landlords with a 40 per cent deposit.

The new options include a two-year fix at 1.64 per cent for remortgaging landlords or those expanding their portfolio.

It has a £1,995 product fee, £550 cashback on completion and free standard valuation.

The lender has also reduced rates on selected two and five-year mortgages by up to 0.27 per cent.

Accord’s remortgage range now includes a 1.99 per cent two-year fix at 65 per cent LTV.

This loan has £750 cashback on completion and free standard valuation.

House buyers can now get a 2.08 per cent two-year fix at 75 per cent LTV, with £750 cashback on completion.

Both mortgages have a £950 product fee.

Accord Buy to Let commercial manager Chris Maggs says: “We wanted to enhance our mortgage range to give landlords better value for money. We hope by reducing rates on five-year mortgages in particular this will offer landlords the security of a great rate over a longer term.”


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By Kunal Desai, Head of Indian Equities

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