Eight low-fee 70% LTV mortgages are being introduced for house purchase and remortgage.
New products include:
• Two year fixed rate at 3.99%, with £195 fee and £500 cashback on completion
• Two year tracker at 3.49%, with a £195 booking fee, 1.75% completion fee, and £500 cashback on completion
• Five year fixed rate at 4.69%, with £195 fee and £500 cashback on completion.
Accord now provides a range of two, three and five year tracker and fixed rate buy-to-let products at 70% and 75% LTV for house purchase and remortgage customers. They are available for properties valued from £50,000 to £500,000.
Rates for 75% LTV products start at 3.89% for a two year tracker and 4.09% for a two year fixed rate buy-to-let mortgage.
“We are constantly listening to brokers and refining our services to meet their needs and support their customers,” said Chris Maggs, Accord Mortgages’ national sales manager for buy-to-let.
“These latest products, at 70% LTV and with very low fees, demonstrate how we are responding to market demand and delivering very competitive products.
“Buy-to-let is a growing part of Accord’s business and that will continue as we strengthen our product range and deliver the high quality service brokers expect.”