Accord trims buy-to-let mortgage rates
The lender is also extending product end dates to 31st October.
Accord Mortgages is reducing rates on its buy-to-let range this week by 0.08%.
Changes apply to all five-year fixes up to 75% LTV, which are reducing by 0.08%. There are no changes to two-or-three-year rates.
Available from tomorrow, five-year fixed rates are reducing to 4.71% at 60% LTV and 4.87% at 75% LTV, both with a £995 fee and standard valuation.
For remortgage, a five-year fix is reducing to 4.90% at 75% LTV with a £995 fee, standard valuation and remortgage legal service.
The lender is also extending product end dates to 31st October to maximise product term value for brokers and their clients.
Jeremy Duncombe, managing director for Accord Mortgages, said: “We’re so pleased to take this opportunity to improve the competitiveness of our buy-to-let range, ensuring we continue to deliver exceptional value wherever possible to our brokers and their landlord clients”.
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Iress
Iress expands mortgage and protection distribution through new Access FS platform
FCA
Advice firm employees plead guilty after defrauding clients of £2m
Atom Bank
Try Mortgage Network adds Atom Bank to residential mortgage panel
FCA
MPs call for investigation into FCA's treatment of whistleblowers
This week's biggest stories:
Iress
Iress expands mortgage and protection distribution through new Access FS platform
FCA
Advice firm employees plead guilty after defrauding clients of £2m
Atom Bank
Try Mortgage Network adds Atom Bank to residential mortgage panel
FCA
MPs call for investigation into FCA's treatment of whistleblowers
Mortgage Rates
Average five-year fixed rate mortgage hits 6%
Inflation
Inflation could return to target by end of 2027, economist predicts