Accord announces fresh cuts to buy-to-let rates

Accord Mortgages is reducing rates across its buy-to-let range.

The range refresh applies to two-and five-year fixes, with rates on products at 60%, 65% and 75% LTV decreasing by 0.06%.

Highlights of the new range, available from 8am tomorrow (Thursday 14th August), include a five-year fixed rate purchase product at 60% LTV, down to 4.06% with a £1,995 fee.

For remortgage, a two-year fix at 75% LTV has decreased to 4.36% and a five-year fix at 60% LTV is down to 4.16%, both with a £995 fee.

All products come with a free standard valuation and remortgage legal service on relevant products.

As part of the changes, Accord is also extending end dates to 30th November.

Cheryl Bleasdale, mortgage product manager at Accord, said: “We’re pleased to be able to take the opportunity presented by a drop in swap rates, which allows us to refresh the range and improve the competitiveness of our products, providing better value options for landlord borrowers who might be looking for either a longer or a shorter-term fix.”