Accord cuts buy-to-let rates by up to 0.24%

Accord has announced a new round of rate cuts on its buy-to-let mortgage range.

The intermediary-only lender is reducing rates across its range by up to 0.24% from tomorrow, Wednesday 15th February.

For remortgaging, two-year fixed rates now start at 5.05% up to 60% LTV with a £995 fee and 5.71% at 75% LTV with no fee, both with free remortgage legal work and free standard valuation.

A fee-free two-year fix for house purchase has been cut to 5.84% at 75% LTV with £500 cashback and free valuation.

A five-year fix is now available at 5.00% up to 65% LTV, for remortgage, with a £495 fee, £250 cashback and free valuation.

Simon Garner, buy-to-let mortgage manager at Accord, said: “We’re pleased to announce this latest in a string of buy-to-let rate cuts since the start of the year, which has been made possible by a further settling-out of market swap rates.

“Maintaining our support to landlords in this way is a major priority for us at Accord and we will continue to seek out opportunities like this to pass on as much value as possible to them and their clients.”