Accord Mortgages has lowered the rates across its BTL product range by up to 18 basis points, effective from today (20th January).
The products that have seen rate reductions include the lender’s two-year fix at 60% LTV available for remortgages purposes, which is now priced at 5.24%.
This option comes with a £995 fee, £250 cashback and free valuation.
Other products which have seen rate cuts include:
Simon Garner, BTL mortgage manager at Accord, said: “We’re pleased to announce our second BTL rate cut since the beginning of the year.
“As a leading BTL lender, we’re committed to doing all we can to support the landlord sector — as part of this, we continue to closely monitor the BTLmarket so that we can offer additional value to brokers’ landlord clients.”