Accord cuts buy to let mortgage rates.
Landlords gain access to cheaper deals now that Accord has reduced its buy to let mortgage rates.
Investment landlords will benefit as Accord attempts to attract new customers with a range wide price reduction. Rates have been reduced by up to 0.35 per cent.
According to recent housing reports the residential property market is stagnant, however recent figures reveal this is not the case for the investment property market.
Currently investors keen to boost dwindling retirement pots are choosing to invest in property. Bricks and mortar are once again being viewed as a far safer bet than stocks and shares.
Rental yields are up while other investments offer a less lucrative return. Many would-be buyers find lenders tighten criteria and high deposit levels a real stumbling block to purchasing a home. Therefore many remain stuck in rental accommodation.
Rents are rising, and investors seeing there is money to be made are keen to cash in. Lenders are responding to their needs by releasing more competitive buy to let products.
Accord are keen to help landlords invest in property by cutting rates by up to 0.35 per cent. A new 3 year fixed rate buy to let mortgage is on offer for 75 per cent loan to value at a rate of 4.19 per cent. Tracker rates for 75 per cent loan to value have also been cut and are now on offer from 3.49 per cent.
If you are interested in investing in property and are looking for a competitive buy to let mortgage, you are advised to call Deal Direct.
Call today and we will help you invest in buy let property.
