Accord kicked off a 10-day promotion offering 65 per cent loan-to-value products on Monday (14 July), comprising of a range of two and five-year fixed rate mortgages with fee and cashback incentives.
The 20 products on offer for both house purchase and remortgage buy-to-let customers have fixed rates starting from 2.89 per cent for two-year deals and 3.69 per cent for five-years loans.
Toni Roberts, buy-to-let product manager at Accord, said the home loans will only be available for 10 days and after that they will be pulled from the range.
Speaking to FTAdviser, Ray Boulger, senior technical manager at broker John Charcol, said: “This says two things to me: they have got the processing capacity to do this and they need to get some business on their books quickly for whatever reason.”
Ms Roberts added: “We always seek to offer competitive mortgages and we are going even further with this promotion.
“These products offer terrific rates and they will be popular with those people looking to invest in a buy-to-let property.
“They will only be available for a limited period so the message to brokers and customers is ‘get them while you can.”
