Accord launches a new buy to let mortgage range.
The Yorkshire BS intermediary Accord, has announced the release of several new buy to let mortgages with rates starting from 2.84%.
This coincides with recent CML figures which reveal that buy to let lending for Q2 2013 is 21% up on Q1, and year on year lending is 31% up on Q2 2012.
Buy to let mortgage lending has reached £5 billion as more landlords than ever jump on the investment property bandwagon.
The buy to let market is currently healthy and many lenders are adding to their range of mortgages.
The new Accord buy to let mortgage range includes 2 and 3 year fixed rate mortgages offered for new purchase at 70% LTV and remortgage at 75% LTV.
Product highlights include:
- A 2 year fixed rate mortgage for 70% LTV at 3.09%.
- A 2 year fixed rate mortgage for 75% LTV at 2.85%.
- A 3 year fixed rate mortgage for 75% LTV at 3.29%.
Fees vary on Accord's new deals but are set up to £2,300.
If you are looking for a buy to let mortgage and would like to compare all lenders offers, call an impartial adviser at independent 'whole of market' Deal Direct on 0800 048 8828.