"We’re so pleased to respond to market conditions and pass on the benefit of swap rates falling to our brokers and their landlord clients. "
- Aidan Smith, buy-to-let mortgage manager at Accord
Accord Mortgages is reducing rates on its buy-to-let product range by up to 0.15% across all LTVs up to 75%.
Responding to reductions in market interest rates, latest changes include two-year fixes reducing by 0.15%, with reductions of up to 0.10% on three and five-year fixes. Landlord clients preferring a tracker option are also set to benefit, with discounts of up to 0.15% on two-year products up to 75% LTV.
A two-year fixed rate remortgage product at 60% LTV has reduced to 4.79% with a £1,995 fee, free standard valuation and remortgage legal service.
A two-year fixed rate has reduced to 5.04% at 75% LTV for both purchase and remortgage, which comes with a £995 fee, £250 cashback and free valuation.
A five-year fixed rate remortgage product at 60% LTV is down to 4.39% with a £3,495 fee, free valuation and remortgage legal service.
In addition, a two-year variable tracker rate is now available at 5.84% (BoE Base rate + 0.84%) at 75% LTV, suitable for purchase and remortgage, which comes with a £995 fee, £250 cashback and free valuation.
The intermediary-only lender is also extending product end dates until the end of November.
Aidan Smith, buy-to-let mortgage manager at Accord, said: “We’re so pleased to respond to market conditions and pass on the benefit of swap rates falling to our brokers and their landlord clients.
“Extending product end dates also provides the opportunity for borrowers to take advantage of the best possible product terms.”
