Accord announces further buy-to-let rate cuts

Accord Mortgages is reducing buy-to-let rates across all LTVs for the third time this month, including cuts of up to 0.17%, effective from Friday 27th January.

A five-year fixed rate is now available at 4.82% up to 60% LTV, available for house purchase with a £1,995 fee and £500 cashback.

A fee-free five-year fixed rate remortgage product has reduced to at 5.39% up to 75% LTV with a free remortgage legal service.

A two-year fixed rate remortgage product has been lowered to 4.90% at 60% LTV with a £1,995 fee and £250 cashback.

A two-year fix for purchases is being reduced to 5.35% up to 75% LTV with a £1,495 fee and £500 cashback.

All products come with a free standard valuation.

Simon Garner, buy-to-let mortgage manager at Accord, said: “We’re so pleased to be able to cut buy-to-let rates even further, ensuring our product range remains as competitive as possible for our brokers and their clients in a rapidly changing environment.

“Cutting rates across LTVs also means landlords can benefit from even better value, regardless of the equity they have, and can choose from a variety of different options, including some with no initial product fee, and others which come with cashback.”