The rates track the Bank base rate (BBR) for two years without early repayment charges available for landlords purchasing or remortgaging properties.
The products are available up to 75% loan-to-value (LTV) and come with free standard valuations, free legals for remortgage customers and a product fee of £300.
The four products to be added to the range are:
BoE BBR + 2.44% (2.69%) 65% LTV remortgage
BoE BBR + 2.65% (2.90%) 75% LTV remortgage
BoE BBR + 2.44% (2.69%) 65% LTV house purchase
BoE BBR + 2.65% (2.90%) 75% LTV house purchase
The expansion of the buy-to-let range follows Accord’s announcement that it has reduced its agreement-in-principle times by three hours bringing the average time taken to approve an application to under an hour.