Accord Mortgages is reducing the interest cover ratio (ICR) rates it applies to buy-to-let affordability calculations. The intermediary-only lender is reducing the ICR rate for landlords remortgaging on a like-for-like basis on products with a term of five years or more from 6% to 5.5%, or product rate plus 1%,
Accord Mortgages is reducing the interest cover ratio (ICR) rates it applies to buy-to-let affordability calculations. The intermediary-only lender is reducing the ICR rate for landlords remortgaging on a like-for-like basis on products with a term of five years or more from 6% to 5.5%, or product rate plus 1%, Read More
