Accord cuts buy-to-let rates by up to 0.78%

Accord Mortgages has announced rate reductions of up to 0.78% across its buy-to-let mortgage range.

Highlights include a two-year discounted variable rate of 4.10%, down from 4.88%, available up to 75% LTV for house and remortgage with a £995 fee, free standard valuation and £250 cashback.

Five-year fixed rates now start from 5.11% up to 60% LTV for remortgage with £500 cashback and 5.76% up to 65% LTV for purchase and remortgage, both with a £1,995 fee and free standard valuation.

The lender has also expanded its product range to offer a greater choice of fee and incentive combinations, including increased cashback on both house purchase and remortgage products, and has extended product end dates until April to give maximum product term value to brokers and their clients.

Simon Garner, buy-to-let mortgage manager at Accord, said: “We’re pleased to offer further rate reductions on our buy-to-let range.

“We’ve also taken the opportunity to review our fees and incentives to offer better choice, and extended end dates to provide brokers and their landlord clients maximum benefit. We hope the new range will be well received.”