Accord buy-to-let will now offer mortgages to first-time landlords.
Their criteria includes a minimum requirement of a 25% deposit and the rates on offer include a 2-year fix at 2.69% or a 5-year fix at 3.29%.
Both options come with a £195 fee, £1000 cashback, and free standard valuation.
Chris Maggs, buy-to-let’s commercial manager at Accord, said: “The buy-to-let market has presented a number of hurdles for prospective landlords over the past year.
“We’re committed to helping those who have made a conscious decision to enter the buy-to-let market. This may not always be the case for some people seeking a let-to-buy mortgage.
“Therefore our lending criteria will not permit let-to-buy applications for first time landlords at this time.”
These options are available to existing landlords looking to expand their portfolio.