As of tomorrow Accord is introducing new 2, 3, and 5-year fixed rate loans and will reduce rates on a number of its existing 5-year deals by up to 0.30%.
Highlights of the new range include a 3.49% 2-year fixed rate, a 3.59% 3-year fixed rate and a 3.99% 5 year fixed rate. All the products are available up to 75% loan to value and have a £1,800 fee.
Toni Roberts, Accord Mortgages’ product manager, said: “In addition to cutting the rates on our existing products we are also introducing new products to increase the choice available for investors and to demonstrate our commitment to the buy-to-let sector.
“Buy-to-let is a growing area for Accord Mortgages and we are seeing more investors return to the market.
“We are consistently working with our brokers to strengthen our product range and refine our services to meet the wide range of customer needs.”
Accord is the intermediary lending arm of Yorkshire Building Society and has offered buy-to-let mortgages since August 2011.