Accord launches new buy-to-let range with no ERCs

The new range is available from Monday on mortgages up to 80% LTV and is available to first-time landlords, existing landlords and portfolio landlords.

Rates start at 2.39% up to 65% LTV, 2.93% up to 75% LTV, and 3.99% up to 80% LTV.

Products come with fees of £1,995 and include free standard valuation. Landlords purchasing a property will also benefit from £250 cashback. Those remortgaging can choose either £250 cashback or the lender’s remortgage legal service.

Simon Garner, Accord’s buy-to-let mortgage manager, said: “We know landlords value increased flexibility when managing their properties so we’ve designed this new range to offer just that.

“Whether they want to make unlimited overpayments or have the option to transfer to a new product early, we expect these products to be a welcome addition to what’s currently a very small offering in the market.”