Accord has increased its buy-to-let (BTL) new business rates by up to 0.32%.
The current range will be withdrawn at 10pm tonight (29th June), and the repriced range will be available at 8am tomorrow (30th June).
Accord’s 2-year BTL fixed rates were increased by 0.32%, and its 3-year fixed rates increased by 0.21%.
Additionally, the lender increased its 5-year fixed rates by 0.09%.
These changes come amidst increased pressure on lenders to reprice products, following the Bank of England’ decision to raise the base rate to 5% last week.
