Accord Mortgage is trimming rates on its BTL range, with effect from 14th August.
From tomorrow, a five-year fixed-rate BTL mortgage - available for house purchase - will be available from 4.06%.
This will carry a £1,995 fee and free standard valuation.
Elsewhere, a two-year fixed rate BTL mortgage — available for those remortgaging — will be available from 4.36%.
And a five-year fixed-rate BTL mortgage — also available for those remortgaging — will have a new rate of 4.16%.
Both the latter will come with a £995 fee, free standard valuation and remortgage legal service.
Overall, rate cuts will apply to products at 60%, 65% and 75% LTV.
“We’re pleased to be able to take the opportunity presented by a drop in swap rates, which allows us to refresh the range and improve the competitiveness of our products, providing better value options for landlord borrowers who might be looking for either a longer or a shorter-term fix,” said Cheryl Bleasdale, mortgage product manager at Accord.
