Accord cuts BTL fixes by 0.30%
Accord Buy to Let has reduced the rates on its range of three and five-year fixed rate mortgages by up to 0.30%.
Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in C:\inetpub\wwwroot\2025.financialreporter.co.uk\htdocs\templates\front-end\partials\article_blockquote.php on line 2
The intermediary-only lender, which is part of Yorkshire Building Society Group, has launched a five-year fixed rate mortgage at 3.54% and a three-year fixed rate at 3.29%, both available up to 75% LTV.
Both products come with a £800 fee, plus £500 cashback on completion for house purchases. Alternatively landlords can choose either free standard valuation and legal fees, or £300 cashback on completion and free standard valuation for remortgage.
Chris Maggs, Accord’s Buy to Let Commercial Manager, said:
“We are constantly reviewing our buy-to-let mortgages to offer the best fit for landlords, and the reductions on our three and five year ranges allow brokers to choose the best loan to suit their clients’ requirements.
“We hope the additional incentives will minimise the initial outlay associated with expanding a portfolio or reduce landlords’ outgoings when remortgaging.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
FCA
Firms required to report complaints involving vulnerable customers under simplified FCA rules
FCA
FCA sets out timeline for mortgage rule changes
Santander
Santander joins mortgage price war with new rates from 3.51%
Inflation
Bank of England set to cut rates as inflation falls to eight-month low
This week's biggest stories:
FCA
Firms required to report complaints involving vulnerable customers under simplified FCA rules
FCA
FCA sets out timeline for mortgage rule changes
Santander
Santander joins mortgage price war with new rates from 3.51%
Inflation
Bank of England set to cut rates as inflation falls to eight-month low
Nationwide
FCA fines Nationwide £44m for inadequate financial crime controls
FCA
FCA announces new measures to support growth of mutuals sector