Simon Garner, buy-to-let mortgage manager at Accord, said: “Reducing the rates on these selected products will give brokers and their landlord clients better value."
Accord Mortgages has cut rates on selected remortgage products in its buy-to-let (BTL) range, effective from 17 September.
Rates have been cut by up to 0.12% at 60% loan-to-value (LTV) and 0.08% at 65% LTV.
Notable reductions include the 2-year fixed rate remortgage at 1.31% (was 1.43%) for landlords with 40% equity, which comes with a £1,495 completion fee, free standard valuation and either £300 cashback or free remortgage legal services.
And the 2-year fixed rate remortgage at 1.71% (was 1.79%) for landlords requiring 65% LTV, which comes with a £495 completion fee, free standard valuation and either £250 cashback or free remortgage legal services.
The intermediary-only lender has also improved selected buy-to-let purchase products, with a 5-year fixed rate of 1.89% (was 1.90%) now available at 65% LTV.
This mortgage comes with a £495 completion fee, £250 cashback and free standard valuation. The same deal is also available to landlords looking to remortgage.
Simon Garner, buy-to-let mortgage manager at Accord, said: “Reducing the rates on these selected products will give brokers and their landlord clients better value.
"We’re sure they will be a welcome addition to the current competitive market.”
