Posts with tag: Accord

Accord announces cuts on remortgage products

Published On: April 27, 2017 at 11:25 am

Tags: Accord,investors,landlords,LTV's,remortgage

Accord Buy-to-Let has today announced that it has made a reduction of 0.20% across a selection of its remortgage products.

These loans are available to standard investor landlords, alongside non-investor landlords and follows the announcement last week that it was re-entering the consumer buy-to-let market. This is in order to support borrowers who have let their only investment property where they or a family member previously lived.

Rates

Rates now begin at 1.76%, with a product fee of £1,995, for investors looking for a two-year fixed rate remortgage loan at 75% LTV.

For those borrowing lesser amounts, some options include a 2.25% two-year fixed rate with a £950 product fee, free legal assistance and free standard valuation.

Three different two-year fixed rate remortgage products at 75% LTV have also benefitted from a 0.20% reduction. These feature a range of options including free legal assistance, free valuation and cashback on completion.

Accord announces cuts on remortgage products

Connectivity

Chris Maggs, Accord Buy-to-Let’s Commercial Manager, noted: ‘These 0.20% reductions will give brokers the chance to proactively contact landlords who may be looking to refinance some or all of their mortgage portfolio. With the new taxation rules being phased in earlier this month this is an ideal time for landlords to reassess their financial commitments.’[1]

‘These new products sharpen our buy to let range even further and having re-entered the consumer buy to let market we expect a very active time ahead. We’re sure these reductions will prove very popular and the additional features will really appeal to landlords who want to reduce their outgoings when remortgaging,’ he added.[1]

[1] http://www.propertyreporter.co.uk/finance/accord-announce-cuts-on-remortgage-products.html

Accord moves to offer cheaper LTV deals for BTL

Published On: January 25, 2017 at 3:19 pm

Author: Em Morley

Categories: Finance News

Tags: Accord,buy to let mortgages,landlords,mortgage,Mortgage deals

Today has seen Accord Buy-to-Let move to reduce some of its buy-to-let rates on selected lower LTV mortgages. In addition, the lender has introduced new 65% LTV options.

The Yorkshire Building Society Group’s intermediary-only lender has slashed rates for landlords at 65% and 75% LTV by up to 0.2%.

Fixed Rates

A two-year fix is now available at just 1.99% for buy-to-let borrowers with a 35% deposit. At 75% LTV, buyers can secure a two-year fix at 2.04%. Both mortgages are available to landlords looking to remortgage or extend their portfolio and come with a £1,995 product fee.

Just last year, Accord moved into the consumer buy-to-let market and now also offers 65% LTV products. These include a 2.54% two-year fix with a £450 product fee.

Accord moves to offer cheaper LTV deals for BTL

Those purchasing a new property will receive £500 cash-back on completion. In addition, remortgaging landlords can pick a free standard valuation and £300 cash-back on completion, or free standard valuation and legal costs.

Value for Monday

Chris Maggs, Accord’s Buy-to-Let Commercial Manager, noted: ‘We are always looking at ways to offer landlords value for money and we believe that these mortgages will prove very attractive thanks to the competitive rates and additional features. We hope brokers looking for competitive deals on buy-to-let property purchases and remortgages will welcome these new rates as much as their clients.’[1]

[1] https://www.landlordtoday.co.uk/breaking-news/2017/1/cheaper-ltv-options-available-from-today-for-btl-landlords

Accord Mortgages slashes rates for fixed products

Published On: January 23, 2017 at 3:48 pm

Author: Em Morley

Categories: Finance News

Tags: Accord,Buy-to-Let,fixed rate mortgage products,mortgage rates

Accord Mortgages has moved to announce that it has lowered rates on a range of selected fixed rate products by up to 0.24%.

The intermediary only lender has slashed rates at 75%, 80%, 85% and 90% LTV values across two, three and five-year terms.

Deals

House purchase customers can take advantage of a competitive five-year fixed rate mortgage at 2.20% with a 20% deposit, or 85% LTV on a 2.39% rate.

Both of these mortgage deals include additional features of £250 cash back on completion and free standard valuation, with a £995 product fee.

Those investors looking for a shorter deal can look at a three-year deal at 2.37% at 90% LTV. This deal is available for both buyers and borrowers looking to remortgage and again comes with a £995 product fee.

What’s more, Accord has launched a 2.76% three-year fix at 90% LTV deal for home buyers. This deal comes with no up-front fees plus £250 cashback on completion, with free valuation.

Accord Mortgages slashes rates for fixed products

Attractive

David Robinson, Accord’s National Intermediary Sales Manager, observed: ‘We are sure the new rates will prove attractive to brokers and borrowers, and we are keen to offer mortgages that deliver value for money to our customers with features like cashback on completion. The five-year rate reductions will appeal to borrowers looking for the security of fixing their mortgage repayments to a competitive rate for a longer period.’[1]

[1] http://www.propertyreporter.co.uk/finance/accord-announces-reductions-across-s3lected-fixed-rate-products.html

New mortgage range launched at Accord

Published On: February 16, 2016 at 12:30 pm

Author: Em Morley

Categories: Finance News

Tags: Accord,borrowers,Buy-to-Let,landlords,mortgages,remortgages

A new mortgage range has today been announced at Accord Mortgages.

The firm has brought in a new five-year fixed rate residential range. This includes the option of extra incentives on selected products.

Options

This new range is available to borrowers with a 25% or 20% deposit and all come with a fee of £845. The range is available for purchase or remortgage and comes with reductions of up to 0.65% on currently available five-year options.

Products start from 2.49% at 75% LTV, rising to 3.39% up to 90% LTV.

New mortgage range launched at Accord

Those borrowers looking to buy a home with a 5% deposit can get a 4.49% five-year fixed rate mortgage. This is available with no product fee and £750 cashback on completion and free standard valuation. Additionally, first-time buyers will get a further £500 cashback on completion, bringing the total cashback on offer to £1,250

What’s more, there are also reductions on Accord’s three-year fixed mortgage range, with incentives for those able to raise a 20% or 25% deposit.

Value

David Robinson, National Intermediary Sales Manager at Accord, said, ‘we are always looking at ways to offer borrowers value for money and we believe that these mortgages will prove very attractive to those customers who are looking for a competitive rate with the security of knowing what the exact repayments will be for the next five years.’[1]

‘We believe these changes provide borrowers with a wide range of competitive options and will prove extremely popular with brokers,’ Robinson added.