Accord Mortgages has made further cuts to its buy-to-let (BTL) product range, this time by up to 0.30%, to take advantage of market fluctuations.
The reductions include a discount of up to 0.30% on 5-year fixes, with 2-year fixes reducing by up to 0.15%, and 3-year fixed rates by up to 0.20%.
The new range is available from 8am tomorrow (Thursday 19th September).
Highlights include: a 2-year fixed rate at 5.09% (was 5.24%), up to 80% loan-to-value (LTV), with a £3,495 fee and free standard valuation; a 3-year fixed rate at 4.44% (was 4.64%) for those remortgaging, up to 65% LTV, with a £995 fee, free standard valuation and remortgage legal service; a 5-year fixed rate at 4.14% (was 4.44%) for remortgage with a 40% deposit, with a £995 fee, free standard valuation and remortgage legal service; and a 5-year fix at 4.04% (was 4.34%) for purchases up to 60% LTV, with a £1,995 fee, £500 cashback and free standard valuation.
Aidan Smith, buy-to-let mortgage manager at Accord, said: “We’re so pleased to be able to reduce our rates again, passing on the benefit of more favourable market conditions to brokers and their landlord clients.
“These changes are designed to help a variety of landlord borrowers, from those looking for a shorter fix to those preferring something more long-term, which we hope will be welcome given the challenges faced by this group in recent times.”
