Accord Mortgages has cut its BTL rates by 10bps.
Applying to two-year and five-year fixed products, this change will come into effect from tomorrow (17th July).
Cuts are being made for BTL products with LTVs of 60%, 65% and 75%.
A five-year fixed-rate product at up to 60% LTV, available for house purchase, has reduced from 4.22% to 4.12%.
This comes with a £1,995 fee, and free standard valuation.
A two-year fixed-rate product at up to 75% LTV, available for those remortgaging, is now available from 4.42% after reducing from 4.52%.
This comes with a £995 fee, free standard valuation and remortgage legal service.
And a five-year fixed-rate product at up to 60% LTV, available for those remortgaging, has similarly reduced from 4.32% to 4.22%.
This comes with a £995 fee, free standard valuation and remortgage legal service.
“We’re so pleased to take this opportunity, driven by falling swap rates, to reduce rates again on our BTL range, ensuring we offer our landlord clients the best possible value wherever we can,” said Cheryl Bleasdale, mortgage product manager at Accord.
