New offer from Accord on 2018 buy to let remortgages.
Accord has introduced a new cashback offer for 2018 buy to let remortgage customers.
Landlords can now claim back £500 when selecting one of eight remortgage options. A standard evaluation and a legal pack are also included with the deal.
Highlights include:
- 2.24% for a 2 year fix for up to 75% LTV
- 2.49% for a 3 year fix for up to 65% LTV
- 2.44% for a 5 year fix for up to 60% LTV
The range is subject to a product fee.
Accord is not alone in reviewing how it is serving its customers and refining its pricing. Many lenders take the opportunity at the beginning of a new year to make adjustments to help landlords gain more control and maximize their profitability.
For details of how other lenders have responded to serving the needs of landlords, contact us at Deal Direct and speak to one of our advisers.
We are regulated to offer independent mortgage advice; however, we are not regulated to offer general financial advice. If you want to discuss the suitability of a property as an investment, you will need to contact an independent financial adviser.
Please note that buy to let mortgage applications from:
- applicants whose intention is to benefit from house price growth
- applicants whose intention is to benefit from rental income
- applicants who are letting to buy
will be treated as a normal buy to let and not as a consumer buy to let. In addition, their subsequent remortgage applications will also be treated in the same manner.