Accord Mortgages has reduced rates by as much as 25 bps across all LTV options up to 75%.
The change applies to several products, including the lender’s three- and five-year fixes, while pricing for its two-year fixed-rate options has been cut by up to 15 bps.
Two-year tracker rates have also been lowered by up to 15 bps.
The BTL range — which is available from today — includes newly repriced options, such as:
a three-year fix at 4.39% (was 4.64%) at 60% LTV for remortgage clients, which comes with a £3,495 fee, free standard valuation and remortgage legal service
a five-year fixed rate at 4.64% (was 4.89%) at 75% LTV, which comes with a £3,495 fee, free standard valuation and remortgage legal service
a two-year fix at 5.19% (was 5.34%) for remortgaging at 75% LTV, which comes with a £995 fee, free standard valuation and remortgage legal service
a two-year fixed rate at 4.84% (was 4.99%) for house purchase at 60% LTV, which comes with a £1,995 fee, £500 cashback and free standard valuation
Aidan Smith, BTL mortgage manager at Accord, said: “We’re taking this latest opportunity to pass on value to borrowers with rate cuts across the range, to ensure they receive the best value possible.
“We’ll continue to closely monitor market trends with a view to further supporting landlords wherever we can.”
