Accord launches nine new products

Accord Buy to Let has announced the launch of nine new 80 per cent LTV mortgage products.

Highlights include an 80 per cent LTV two-year fix at 3.49 per cent. This offering has a £950 fee, free valuations, and £500 cashback.

In addition, an 80 per cent LTV five-year fix at 3.69 per cent has been launched. This product also includes a £950 fee, free valuations, and £500 cashback.

Both offerings are for house purchase.

The firm adds that it will lend up to £500,000 on products within this new range.

Accord Buy To Let product manager Toni Roberts comments: “In what is a limited market we are pleased to offer landlords more options at 80 per cent LTV.

“Following feedback we have simplified our processes to help brokers submit successful applications as well as updating our decision in principle rules to ensure quicker, more accurate decisions.”

This comes after Accord reintroduced a series of tracker mortgages last month, and cut its rates on select five-year fixed rate products.

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