Accord launches new buy to let tracker mortgage rates.
Accord has announced the launch of new buy to let trackers with early repayment changes.
The new 2 year deals will track the based rate and are collared at the current rates.
Products launched:
- A 2 year tracker for 65% LTV at 2.69% with a £300 fee.
- A 2 year tracker for 75% LTV at 2.90% with a £300 fee.
At the end of the agreed 2 year term, landlords can revert to a discounted rate of 3.79% for a further 3 years. During this 3 year period there are no early repayment charges.
Both deals are available for new purchase or remortgage. A free standard valuation is on offer for both and free legals are on offer to remortgaging borrowers.
If you are investing in buy to let, contact us at Deal Direct to discuss your mortgage options.
We are fully qualified and regulated by the FCA to offer mortgage advice, however we are not regulated to offer general financial advice, such as the suitability of property as an investment. For more general advice, you will need to contact an IFA.
Please note:
Buy to let mortgage applications from:
- applicants whose intention is to benefit from house price growth
- applicants whose intention is to benefit from rental income
- applicants who are letting to buy
will be treated as normal buy to let and not as a consumer buy to let. In addition, their subsequent remortgage applications will also be treated in the same manner.