Accord Mortgages have released an update on their product range, the details are set out below. Accord products are available through our direct to lender mortgage club so contact us for more information on how our club can support your business.
Accord are increasing rates in their Buy to Let Product Transfer range
Accord appreciates the market is volatile at present, and whilst not always possible, Accord will endeavour to give brokers at least 24 hours’ notice of any upcoming changes.
On Tuesday 30 April, Accord are making some changes to their Buy to Let Product Transfer range. The current range will be withdrawn at 8pm Monday 29 April and the new range will be available at 9am Tuesday 30 April.
What’s changing?
- All product rates increasing by 0.10%
- End dates extended to 31st August
Speeding things up
Accord knows it’s very busy at the moment – to find the information they need in a hurry (including Accord’s criteria) their newly re-designed website is here to help brokers get answers quickly and easily.
Accord are extending the end dates on products in their Buy to Let New Business range
Applies to: Accord Buy to Let New Business
We appreciate the market is volatile at present, and whilst not always possible, we will endeavour to give you at least 24 hours’ notice of any upcoming changes.
On Thursday 2 May, we’re making changes to our Buy to Let New Business product range. The current range will be withdrawn at 10pm Wednesday 1 May and the new range will be available at 8am Thursday 2 May.
What’s changing?
End dates are being extended to the end of August.
What else do you need to know?
Please note that a full mortgage application must be submitted by the time of withdrawal to secure a new lending product. If you are yet to submit a DIP, please do so as soon as possible as any referrals will only be looked at during normal office hours.
For Buy to Let applications, the product selected will impact the maximum loan we can offer. As a product cannot be selected at DIP stage, it is important that you use our rental calculator which can be found here as this allows you to input the details of the product required and provide you with a more accurate maximum lending amount. The actual maximum lending available will be determined at the point you submit a Full Mortgage Application.
On Friday 3 May, we’re increasing rates on our Residential New Business range
We appreciate the market is volatile at present, and whilst not always possible, we will endeavour to give you at least 24 hours’ notice of any upcoming changes.
On Friday 3 May, we’re making changes to our Residential New Business range. The current range will be withdrawn at 10pm on Thursday 2 May and the new range will be available at 8am on Friday 3 May.
What’s changing?
- 75% LTV fixed rates increased by 0.07%-0.10%
- 80% LTV fixed rates increased by 0.07%-0.10%
- 85% LTV fixed rates increased by 0.07%-0.10%
- 90% LTV fixed rates increased by 0.02%-0.13%
- 95% LTV fixed rates increased by 0.02%-0.40%
- £5k Deposit Product increased by 0.40%
- Tracker rates increased by 0.10%
What else is changing?
End dates extended to 31 August.
What else do you need to know?
Please note that a full mortgage application must be submitted by the time of withdrawal to secure a new lending product. If you are yet to submit a DIP, please do so as soon as possible as any referrals will only be looked at during normal office hours.
Speeding things up for you
We know it’s very busy at the moment – to find the information you need in a hurry (including our criteria) our newly re-designed website and chatbot are here to help you get answers quickly and easily.
You can also access MSO for real time updates on existing cases, freeing up time to help you, help more clients.