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Buy to Let

Accord cuts cost of buy-to-let mortgages

paulajohn
Written By:
paulajohn
Posted:
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.

“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.”