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Accord pares back rates on 75% of buy-to-let range


Accord Buy To Let is reducing rates by up to 0.35 per cent on three quarters of its mortgage range. 

Accord will also cut its £1,995 product fee to £1,495 on certain options, and selected mortgages which previously had a £450 fee are now fee free. 

The changes come in on Monday 18. 

Accord will launch a 1.89 per cent five-year fixed rate mortgage at 65 per cent LTV with a £1,495 fee and free standard valuation. 

Those with a 25 per cent deposit can access a 2.24 per cent three-year fix. It has a £995 fee and free standard valuation.  

The lender also has a 2.79 per cent three-year fix at 65 per cent LTV with no product fee and free standard valuation.  

Both mortgages are available for house purchase and remortgage. 

Accord has also launched a competitive five-year fix at 2.84 per cent for landlords with a 35 per cent deposit. 

This has a £950 product fee. Landlords purchasing a new property will receive free standard valuation and £500 cashback.  

Remortgagors can choose between this or free standard valuation and legal fees. 

Accord Buy To Let commercial manager Chris Maggs says: “It’s Christmas, the season of goodwill so we hope the changes we’ve made to our products will be well received by landlords at the end of what has been a turbulent year. 

“We’ve tweaked our range based on feedback from both brokers and landlords. In particular, we’ve seen a shift in appetite for five-year fixes as landlords look to secure a great rate for longer, which is why we’ve launched a new competitive longer term deal.” 



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