Accord cuts BTL rates up to 0.30pc

Highlights of the updated range are the 2-year fixed rate at 3.39%, the 3-year fixed rate at 3.49% and the 5-year fixed rate at 3.89% up to 75% loan to value with £250 cashback, a free valuation and £1995 fee.

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.”

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.