Accord Buy To Let is to launch what it describes as a ‘new and improved’ product range on Monday which will feature rate cuts on 16 products.
The current buy-to-let range from the intermediary-only lender will be withdrawn at 6pm today (23 April), and replaced from 8am on Monday 26 April with the updated range.
The new offering will be available to both house purchase and remortgage clients, across a variety of initial fixed rate terms and loan-to-value (LTVs).
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Simon Garner, Accord Buy To Let product manager said: “We’re pleased to offer this new range which offers even better value to landlords.
“We hope that, with a variety of initial fixed terms, LTVs and incentives, this combination of benefits will really appeal to brokers and their clients looking for the best option to suit their individual buy-to-let requirements.”
The new range is available up to 80% LTV and includes a two-year fixed rate at 3.37% (previously 3.64%) for remortgage clients, which comes with a £995 fee, £250 cashback, remortgage legal service and free standard valuation.
There is also a two-year fixed rate at 3.43% (was 3.71%) for house purchase clients, which comes with a £995 fee, £500 cashback and free standard valuation.
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What’s more, Accord is also offering a three-year fixed rate at 2.09% (was 2.17%) for remortgage clients, available up to 75% LTV, with a £995 fee, £250 cashback and free standard valuation.
And there is a five-year fixed rate at 2.13% (was 2.17%) for house purchase clients, available up to 65% LTV, with a £995 fee, £500 cashback and free standard valuation.
End dates have also been extended on all products until the end of July.
Source: Mortgage Finance Gazette