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Buy to Let

Accord launches first 60% LTV buy-to-let range

vickyhartley
Written By:
vickyhartley
Posted:
Updated:
18/02/2015

Accord Buy To Let has launched a range of mortgages for landlords at 60% Loan to Value for the first time.

The product range includes interest rates starting at 2.94% with two, three and five-year rates and all products carry an £800 product fee with a £500 cashback.

Accord recently launched a range of 65% LTV fixed rate buy-to-let mortgages and the lender has added new three-year fixed rate mortgage deals with interest rates from 2.79% to the range.

Two year tracker mortgage deals for borrowers looking for a 65% LTV product are also available.

Accord will also be cutting rates by up to 0.30% on a number of selected three-year fixed rate products in its 75% LTV range.

Chris Maggs, national account manager at Accord Buy To Let, said: “This is the first time we have offered Buy To Let mortgages at 60% LTV. We believe they are a great product for the customer who is prepared to put in a greater deposit in return for an attractive interest rate.”

He continued expanding our range in this way allows us to better cater for our customers’ needs.

“We have been offering buy to let products for the last couple of years and we believe now is the right time to introduce 60% LTV products which have the benefit of offering a lower risk to lenders. We hope this will offer greater choice to borrowers as they seek a mortgage through a broker that meets their individual financial circumstances,” he added.


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