Accord Mortgages has cut mortgage rates across its buy-to-let (BTL) product range by up to 0.46%.
Effective from 8am tomorrow, Wednesday 4th October, selected 2-year product rates will be dropped by up to 0.46%, 3-year products by up to 0.16%, and 5-year products by up to 0.35%.
The new range includes a 2-year fixed rate at 5.64% for house purchase at 60% loan-to-value (LTV), a 2-year fixed rate at 5.84% for house purchase at 75% LTV, and a 5-year fixed rate at 5.24% for house purchase at 60% LTV.
These products come with a £1,995 fee, free standard valuation and £500 cashback.
Aidan Smith, buy-to-let mortgage product manager at Accord, said: “We’re delighted to be able to once again seize a market opportunity to reduce rates across our buy-to-let product range and so support landlords managing amidst the ongoing cost squeeze.
“As a leading buy-to-let lender, we remain committed to doing everything we possibly can to support this segment in providing both a vital service to private tenants, and an important prop for the housing market at large.”
