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Buy to Let

Accord cuts cost of buy-to-let mortgages

paulajohn
Written By:
Posted:
05/11/2013
Updated:
05/11/2013

The intermediary arm of Yorkshire Building Society has reduced the interest rates on its buy-to-let range.

Accord has trimmed the interest rates charged on its five-year fixed rate deals for homebuyers and remortgagors.

The mortgage deals on offer include a five-year fixed at 3.79% with a 2.5% completion fee and free valuation; a five-year fixed rate charged at 4.24% with a £1,800 completion fee, free valuation and £250 cashback; and a five-year fix at 4.49% with no completion fee and £500 cashback.

Accord also offers a five-year fixed rate mortgage up to 70% LTV at 4.04%, with a £2,300 fee.

All five-year deals have a £195 booking fee.

“Fixed rate mortgages remain popular and many borrowers choose five-year deals for the stability they provide in longer-term financial planning,” said Chris Maggs, national account manager for Accord Buy to Let.

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“These deals are extremely competitive and could enable borrowers to make significant savings, compared to other five-year fixed rate deals currently on the market.”