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Accord launches new five-year BTL mortgage at 3.89%

Accord launches new five-year BTL mortgage at 3.89%

Accord has launched a new range of five-year fixed rate buy-to-let products with rates starting at 3.89%.

Accord, the intermediary lending subsidiary of Yorkshire Building Society, is offering the BTL mortgages for purchase and remortgage customers at 70% and 75% LTV over five-year terms.

The new products include:

* Five-year fixed rate at 75% LTV at 3.89% with a 2.5% completion fee and paid-for standard valuation.

* Five-year fixed rate at 70% LTV at 4.14% with a £2,300 completion fee.

* Five-year fixed rate at 75% LTV at 4.44% with a £1,800 completion fee and £500 cashback.

Jemma Anderson, product manager at Accord Mortgages, said: “We are expanding our range of buy-to-let products by introducing a series of competitive five-year mortgages that will give borrowers the assurance of knowing exactly what they will be paying over a long period of time.

“We are also giving our customers a range of rate and fee options on our competitive new products so they have a wide selection to choose the best mortgage to suit their needs.”