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Accord slashes rates on remortgage products
Accord Buy to Let has made 0.2% reductions on selected remortgage products.
Rates for two-year fixed rate remortgages start at 1.76% with a £1,995 product fee at 75% LTV.
This news follows last week’s announcement that Accord was re-entering the consumer buy-to-let market.
Chris Maggs, commercial manager at Accord Buy to Let, said: “These 0.2% 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.
“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.”
For landlords who wish to borrow smaller amounts, options include a 2.25% two-year fixed rate with a £950 product fee, free legal assistance and free standard valuation.
Three other two-year fixed rate remortgage products at 75% LTV are available, with several options including free legal assistance, free valuation or cashback on completion.
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