Intermediary-only lender, Accord Mortgages has announced range-wide reductions on its buy-to-let products including a discount of as much as 0.15% on two-and-five-year fixed rates. Three-year fixes are reduced by up to 0.10%, and for those looking for a two-year tracker option, rates are also reduced by up to 0.15%.
The lender has also reduced fees from £3,495 to £1,995 on selected three-year fixed rates.
The new range is available from Wednesday, 19th of March and includes:
A two-year fixed rate at 4.19% (was 4.29%) for those remortgaging up to 60% LTV, which comes with a £3,495 fee, free standard valuation and remortgage legal service
A three-year fix at 4.59% (was 4.64%) for house purchasers and those remortgaging at 65% LTV, which comes with a £995 fee, £250 cashback and free standard valuation
A two-year fixed rate at 4.54% (was 4.64%) for those remortgaging up to 75% LTV, which comes with a £1,995 fee, free standard valuation and remortgage legal service
And a five-year fixed rate at 5.04% (was 5.19%) for those remortgaging up to 80% LTV, which comes with a £995 fee, free standard valuation and remortgage legal service.
“We’re so pleased to reduce rates across the range, delivering the best possible value to our brokers and their landlord clients," said Aidan Smith, buy-to-let mortgage manager at Accord adding, “These changes are designed to benefit a variety of landlord borrowers, from those looking for a shorter fix to those preferring something longer-term, as well as those who prefer the alternative offered by a tracker option.”
