Accord Mortgages has cut the rates on selected buy-to-let products by up to 0.30 percentage points.
New rates include:
Two-year fixed rates at 3.39% with £250 cashback and free valuation (£1,995 fee)
Three-year fixed rates at 3.49% with £250 cashback and free valuation (£1,995 fee)
Five-year fixed rates at 3.89% with £250 cashback and free valuation (£1,995 fee)
Rates have also been reduced on Accord’s buy to let tracker product, which is now priced at 3.59%. It has a £1,495 fee and provides £500 cashback.
All of the intermediary-only lender’s buy to let mortgages are available at a maximum 75% loan to value.
Chris Maggs, national account manager for Accord Buy to Let, said: “We always want to offer customers the most competitive price possible and our latest reductions ensure we remain very well priced.
“Whether customers are looking for a short term fixed rate or want more certainty and choose a longer fixed term, we have strong options available with good incentives like cashback on completion and paid-for standard valuations.”