Accord Buy to Let cuts rate on 80% LTV products

Products for purchases and remortgages which had their rates cut, come with £500 cashback and a free valuation.

Accord Buy to Let cuts rate on 80% LTV products

Accord Buy to Let has reduced rates on a selection of mortgages within its 80% loan-to-value(LTV) range.

For purchases and remortgages the 2-year fix at 3.36% sees its rate cut to 3.31% and a 5-year fix at 3.68% is reduced to 3.63%. Both come with a £950 product fee.

Within the same range a 5-year fix with no product fee has had its rate reduced from 3.90% to 3.85%.

All of these mortgages come with £500 cashback and a free valuation.

For remortgages only, these same rates are available with different incentives instead of these product fees, cashback and valuation deals.

They come with a £250 cashback, free standard remortgage legal service and free valuation.

Simon Garner, product manager at Accord Buy to Let, said: “We know the present uncertainty in the market is impacting decisions, so following recent improvements to our criteria, we’re continually reviewing the range to offer landlords the most competitive rates.”