Accord offers £500 cashback on BTL remortgages

Accord is offering landlords a £500 cashback deal on a number of its buy-to-let remortgage deals.

This cashback deal is available on eight remortgage loans, all of which already offer free standard valuation and legal assistance.

The products available include a five-year fix at 2.44 per cent (at 60 per cent LTV), a 2.49 per cent three-year fix (at 65 per cent LTV) and a two-year fix at 2.24 per cent (at 75 per cent LTV).

Accord, part of the Yorkshire Building Society, says this cashback is paid once the mortgage is completed. These mortgage all have a £950 product fee, which must be paid upfront.

Accord Buy to Let commercial manager Chris Maggs says: “New Year is synonymous with fresh starts when people look to get their finances in order.

“It’s likely that the buy-to-let market will be predominately focused on remortgage lending during 2018. We hope by adding cashback to some of our popular mortgages it will help landlords manage the upfront costs of remortgaging a property.”

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