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.
Applies to: Accord Residential and Buy to Let New Business
New Accord DIP submissions will be unavailable through MSO from today at 6:45pm. Further to their withdrawal of the new business product range this week in response to current market conditions, whilst they review their policy and pricing, brokers will be unable to submit DIPS to minimise disappointment and future inconvenience.
What’s changing?
- Brokers will not be able to submit new DIPs through MSO while Accord have no new business products available and are reviewing their policy and pricing
- Once Accord have new products available, they will email all registered users
- Brokers can still log on to the MSO portal and will be able to progress fully submitted cases and get case updates as normal
When is this change?
- This change will take place at 6:45pm tonight, Friday 30th September
Accord are increasing rates and extending end dates on Buy to Let Product Transfer products
What’s changing?
- Accord are withdrawing and replacing the current product range
- End dates are being extended to 28th / 29th February
- Rates are being increased by between 1.50% – 1.58%
When is this change?
Existing products will be withdrawn at 6pm on 6th October and new products will be available at 6pm on 6th October.