Brilliant Solutions

Accord Update

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 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BTL products being withdrawn and not replaced

  • 7 products are being withdrawn and not replaced, please see the table below:

The current products will be withdrawn at 6pm Monday 20th July and the new range launched at 8am Tuesday 21st July.

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