Accord cuts buy-to-let rates by up to 0.30%

Accord Mortgages has made further cuts to its buy-to-let product range, this time by up to 0.30%.

These latest reductions include a discount of up to 0.30% on five-year fixes, with two-year fixes reducing by up to 0.15% and three-year fixes by up to 0.20%.  

A two-year fixed rate at has reduced to 5.09% at 80% LTV, which comes with a £3,495 fee, while a five-year fix at 60% LTV has reduced to 4.04% with a £1,995 fee and £500 cashback.

For remortgage, a three-year fix has reduced to 4.44% at 65% LTV and a five-year fix is down to 4.14% at 60% LTV, both with a £995 fee.

All products include a free standard valuation and free legal service for remortgage products.

Aidan Smith, buy-to-let mortgage manager at Accord, said: “We’re so pleased to be able to reduce our rates again, passing on the benefit of more favourable market conditions to brokers and their landlord clients.

“These changes are designed to help a variety of landlord borrowers, from those looking for a shorter fix to those preferring something more long-term, which we hope will be welcome given the challenges faced by this group in recent times.”