Accord Mortgages has reduced the rates on its buy-to-let (BTL) range by up to 0.38 per cent in an aim to give better value to landlords.
The changes come into effect from tomorrow and the lender has decreased rates on its 65 per cent, 75 per cent and 80 per cent loan to value (LTV) products.
Examples of rate cuts include the reduction on its two-year fixed rate product available up to 65 per cent LTV, which will go from 1.97 per cent to 1.59 per cent. The product comes with a £995 fee and free standard valuation.
Its three-year fixed rate product at 75 per cent LTV has been cut from 2.01 per cent to 1.78 per cent. It comes with a £1,495 fee, free standard valuation and £300 cashback.
Accord’s two-year fixed at 80 per cent LTV, and is aimed at landlords purchasing a new property, will fall from 3.42 per cent to 3.12 per cent. The product is subject to a £995 fee, free standard valuation and £250 cashback.
Accord Mortgages BTL mortgage manager Simon Garner said: “We’re confident this new range will be welcomed by brokers looking to offer their landlord clients better value, with reduced rates and a range of incentives including cashback, remortgage legal services and free standard valuation.”
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
