Accord Mortgages is lowering rates in the majority of its buy-to-let mortgage range, with rate reductions of up to 0.15 percentage points.
The lender’s current range will be withdrawn at 8pm on Wednesday 18 August and replaced with the new range at 9am on Thursday 19 August.
Reduced rates will be available to both house purchase and remortgage clients, and the intermediary-only lender is extending end dates on all products until the end of January.
New deals include the following:
- A three-year fixed rate of 3.28% (was 3.43%) at 80% LTV for house purchase and remortgage clients, which comes with a £995 fee, £500 cashback and free standard valuation.
- A three-year fixed rate of 1.65% (was 1.78%) at 75% LTV for house purchase and remortgage clients, which comes with a £1,495 fee, £300 cashback and free standard valuation.
- A two-year fixed rate of 1.79% (was 1.88%) at 65% LTV for remortgage clients, which comes with a £495 fee, £250 cashback and free standard valuation.
Landlords purchasing a property and looking to fix their initial deal term for longer can also now access a five-year fixed rate starting from 1.75% (was 1.80%) at 65% LTV, while remortgaging clients’ options start from 1.73% (was 1.80%).
Simon Garner, mortgage manager at Accord Mortgages, said: “We’re pleased to launch this new range which aims to give brokers and landlord clients improved choice, and with end dates extended until January will deliver better value for many.”