Accord Update

Accord are making the following changes to their BTL product range at 6pm Monday 20th July:

New BTL products

They’re launching the following new BTL remortgage and house purchase products:

Remortgage:

• 3 new 75% LTV remortgage deals will be available on 2 year terms with rates starting at 1.69%. Product fees available between £1495 and £1995. And one product is available where Accords will pay the standard re-mortgage legal costs agreed with their recommended conveyancers. Click here to view more information about the Accord Remortgage Service
• 8 new 80% LTV remortgage deals will be available on either 2 or 5 year terms with rates starting at 2.78% for 2 year and 3.09% for 5 year deals. Product fees available between £495 and £1995 and on selected products customers will have the benefit of either receiving £250 cashback or Accord will pay the standard re-mortgage legal costs agreed with their recommended conveyancers.

House Purchase:

• 2 new 75% LTV house purchase deals will be available on a 2 year terms with rates at 1.70% or 2.04%. Product fees available at £950 and £1995 and with £250 cash back on both products.
• 4 new 80% LTV house purchase deals will be available on either 2 or 5 year terms with rates starting at 2.84% for 2 year and 3.09% for 5 year deals. Product fees available between £495 and £1995 and with £250 cash back on all products.

All Accords remortgage and house purchase products come with free standard valuation.

BTL rates going down

• Rates reducing on selected 75% LTV 2 year and 3 year HP and RM products by up to 0.10%.
• 80% LTV 5 year HP product  reduced by 0.04%.

BTL rates going up

• Rates increasing on selected 80% LTV 2 and 5 year HP and RM products by up to 0.23%.

BTL products being withdrawn and not replaced

• 7 products are being withdrawn and not replaced, please see the table below: