Accord Mortgages is set to reduce rates across its buy-to-let mortgage range for a second time this week, making cuts of up to 0.10%.
Changes from the intermediary-only lender apply to 2- and 5-year fixes, with rates on products at 60%, 65% and 75% loan-to-value (LTV) decreasing by 0.10%.
Highlights of the range refresh, taking effect from 8am tomorrow, include: a 5-year fixed rate up to 60% LTV, available for house purchase, at 4.12% (was 4.22%), which comes with a £1,995 fee, and free standard valuation, a 2-year fix to 75% LTV, available for those remortgaging, at 4.42% (was 4.52%), with a £995 fee, free standard valuation and remortgage legal service.
The reductions also includes a 5-year fixed rate up to 60% LTV, available for those remortgaging, at 4.22% (was 4.32%), which comes with a £995 fee, free standard valuation and remortgage legal service.
The lender is also extending end dates to 31st October to maximise product term value for brokers and their clients.
Cheryl Bleasdale, mortgage product manager at Accord, said: “We’re so pleased to take this opportunity, driven by falling swap rates, to reduce rates again on our buy-to-let range, ensuring we offer our landlord clients the best possible value wherever we can.”
