Accord Mortgages has cut rates in its buy-to-let range by as much as 0.24 per cent to offer “better value” to broker and landlord clients.
The changes have been made across all loan-to-value (LTV) tiers.
This includes a two-year fixed remortgage rate at 60 per cent LTV which has gone down from 4.77 per cent to 4.64 per cent.
It comes with a £1,995 completion fee, and the option of either free remortgage legal service or £250 cashback. Both product options come with free standard valuation.
Its two-year fixed purchase rate at 65 per cent LTV has been reduced from 4.94 per cent to 4.76 per cent. It is subject to a £1,995 fee, free standard valuation and £500 cashback.
The lender’s three-year fix at 75 per cent LTV is now priced at 4.96 per cent, down from 5.2 per cent.
It comes with a £995 fee and free standard valuation. Remortgagers also have the option of either £250 cashback or free remortgage legal service; and for house purchasers, the product comes with £250 cashback.
Simon Garner, buy-to-let mortgage manager at Accord, said: “We’re responding to market conditions to ensure our products remain as competitive as possible in a fast-changing environment.
“This new range has something to offer a wide variety of landlords, and with attractive offerings for both house purchasers and those remortgaging, we hope it will be well received, especially in the current climate, which has been very challenging for those in the private rental sector.”
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.
