Accord Mortgages launches new 75% LTV products

Accord Mortgages is introducing a number of new mortgage products and cutting rates on selected products by up to 0.30 per cent from tomorrow.

The newly launched products include a two-year fixed rate of 3.49 per cent up to 75 per cent LTV and a 3.99 per cent five-year fix at 3.99 per cent to the same LTV. Both products require payment of a £1,800 fee.

All new products come with a free standard valuation and £250 cashback on completion.

Rates on selected five-year products have been reduced by up to 0.30 per cent, resulting in a 3.99 per cent mortgage with a £1,800 fee.

Accord Mortgages product manager Toni Roberts says: “In addition to cutting the rates on our existing products we are also introducing new products to increase the choice available for investors and to demonstrate our commitment to the buy to let sector.”

“Buy-to-let is a growing area for Accord Mortgages and we are seeing more investors return to the market.”