Accord Mortgages has made cuts across its BTL product range by up to 0.15%.
These latest reductions from the lender include a discount of up to 0.15% on two-and five-year fixed rates.
Three-year fixes have fallen by up to 0.1%, and the two-year tracker option has also reduced by up to 0.15%.
The lender has also reduced fees from £3,495 to £1,995 on selected three-year fixed rates.
• a two-year fixed rate at 4.19% (was 4.29%) for those remortgaging up to 60% LTV, which comes with a £3,495 fee, free standard valuation and remortgage legal service
• a three-year fix at 4.59% (was 4.64%) for house purchasers and those remortgaging at 65% LTV, which comes with a £995 fee, £250 cashback and free standard valuation
• a two-year fixed rate at 4.54% (was 4.64%) for those remortgaging up to 75% LTV, which comes with a £1,995 fee, free standard valuation and remortgage legal service
• and a five-year fixed rate at 5.04% (was 5.19%) for those remortgaging up to 80% LTV, which comes with a £995 fee, free standard valuation and remortgage legal service
Aidan Smith, BTL mortgage manager at Accord, said: “We’re so pleased to reduce rates across the range, delivering the best possible value to our brokers and their landlord clients.
“These changes are designed to benefit a variety of landlord borrowers, from those looking for a shorter fix to those preferring something longer-term, as well as those who prefer the alternative offered by a tracker option.”
