Accord further reduces buy-to-let rates by up to 0.46%

Accord Mortgages is cutting rates across its buy-to-let product range by up to 0.46%.

Available from tomorrow, selected two-year product rates fall by up to 0.46%, three-year products by up to 0.16%, and five-year products by up to 0.35%.

Two-year fixed rates now start from 5.64% at 60% LTV and 5.84% at 75% LTV, while five-year fixes have reduced to 5.24% at 60% LTV and 5.44% at 75% LTV.

All of these products come with a £1,995 fee, free standard valuation and £500 cashback.

Aidan Smith, buy-to-let mortgage product manager at Accord, said: “We’re delighted to be able to once again seize a market opportunity to reduce rates across our buy-to-let product range and so support landlords managing amidst the ongoing cost squeeze.

“As a leading buy-to-let lender, we remain committed to doing everything we possibly can to support this segment in providing both a vital service to private tenants, and an important prop for the housing market at large.”