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17/07/2020
Product changes

We're making changes to our BTL product range

 

We're launching new 75% & 80% LTV BTL products, reducing and increasing rates and withdrawing product from across the range at 6pm Monday 20th July:

New BTL products

We're launching the following new BTL remortgage and house purchase products:

Remortgage:

  • 3 new 75% LTV remortgage deals will be available on 2 year terms with rates starting at 1.69%. Product fees available between £1495 and £1995. And one product is available where Accords will pay the standard re-mortgage legal costs we've agreed with our recommended conveyancers. Click here to view more information about the Accord Remortgage Service
  • 8 new 80% LTV remortgage deals will be available on either 2 or 5 year terms with rates starting at 2.78% for 2 year and 3.09% for 5 year deals. Product fees available between £495 and £1995 and on selected products customers will have the benefit of either receiving £250 cashback or Accord will pay the standard re-mortgage legal costs we've agreed with our recommended conveyancers.

House Purchase

  • 2 new 75% LTV house purchase deals will be available on a 2 year terms with rates at 1.70% or 2.04%. Product fees available at £950 and £1995 and with £250 cash back on both products.
  • 4 new 80% LTV house purchase deals will be available on either 2 or 5 year terms with rates starting at 2.84% for 2 year and 3.09% for 5 year deals. Product fees available between £495 and £1995 and with £250 cash back on all products.

All Accords remortgage and house purchase products come with free standard valuation.

BTL rates going down

  • We're reducing rates on selected 75% LTV 2 year and 3 year HP and RM products by up to 0.10%.
  • We're also reducing the rate on our 80% LTV 5 year HP product by 0.04%.

BTL rates going up

  • We're increasing the rates on selected 80% LTV 2 and 5 year HP and RM products by up to 0.23%.

BTL products being withdrawn and not replaced

  • 7 products are being withdrawn and not replaced.

The current products range will be withdrawn at 6pm Monday 20 July and the new range launched at 8am Tuesday 21st July

 

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