Accord gives remortgaging landlords £500
Accord Buy To Let is helping landlords ring in the New Year with extra cash in their pocket1 by adding £500 cashback on selected remortgage loans.
Landlords can choose from eight remortgage deals from the intermediary-only lender, part of Yorkshire Building Society, which already offer free standard valuation and free legal assistance.
The added £500 cashback, available once a mortgage completes, has improved the true cost of Accord’s remortgage range and therefore provides landlords with better value for money.
Highlights include a 2.44% five-year fix at 60% loan-to-value (LTV), a 2.49% three-year fix at 65% LTV or 2.24% two-year fix for landlords with a 25% deposit.
Each mortgage has a £950 product fee, free standard valuation and free legal fees plus the new £500 cashback feature.
Chris Maggs, Commercial Manager at Accord Buy To Let, said: “New Year is synonymous with fresh starts, and it’s a time when people look to get their finances in order.
“It’s likely that the buy-to-let market will be predominately focused on remortgage lending during 2018. We hope by adding cashback to some of our popular mortgages, that already include additional features, it will help landlords to manage the upfront costs of remortgaging a property.”
1 It is a New Year’s tradition to have money in your pocket to encourage prosperity during the year.