Brokers can use the tool to search by property value, loan amount and type, term and repayment method and can load up to four products side-by-side to make the comparison easier to assess.
Stuart Cunningham, director of operations, said the tool is designed to make the customer journey as smooth as possible.
“We are very proud of our new mortgage comparison tool that enables users to browse and compare our full range of over 500 mortgages,” he said.
“At present, we believe that we are the only broker to offer such a comparison tool that looks at buy-to-let products only.”
Cunningham said the increased demand for buy-to-let property has led to lenders frequently updating their ranges with new products and rate cuts to grab a bigger share of the market.
Lenders’ have attempted to grab landlords’ attention with longer-term products as investors look to protect themselves against the uncertainty of rising interest rates over the next 12 months.
The number of five-year fixed rate buy-to-let mortgage products available to borrowers has more than doubled since 2012, research from brokerage Mortgages for Business has revealed.
In quarter two this year there were an average of 128 five-year fixed rate products available compared to 50 in 2012.
David Whittaker, managing director, said: “This is a welcome development. We’ve been recommending five-year fixed rates for some time now and even the Financial Conduct Authority has expressed a preference in this regard.”
Accord was the latest specialist lender to offer landlords lower rates on buy-to-let products in its 10-day sale.
