Accord Mortgages has cut rates in its buy-to-let range by up to 0.51 per cent, with two, three and five-year fixed rates impacted.
The changes will come into force from 8am tomorrow, with selected two-year rates being cut by up to 0.51 per cent, three-year products by around 0.45 per cent and five-year products by up to 0.25 per cent.
The lender’s two-year fixed remortgage at 75 per cent loan to value (LTV) has fallen from 7.24 per cent to 6.73 per cent. It has no product fee, free standard valuation and remortgage legal service.
Accord Mortgages’ two-year fixed rate at 80 per cent LTV for purchase has gone down from 6.73 per cent to 6.71 per cent. It is subject to a £995 product fee, free standard valuation and £250 cashback.
Its five-year fixed rate at 60 per cent LTV for remortgage has contracted from 5.79 per cent to 5.54 per cent. There is a choice of £250 cashback or remortgage legal services and free standard valuation.
The firm’s five-year fixed rate at 60 per cent LTV, suitable for remortgage, has decreased to 5.38 per cent from 5.5 per cent. It comes with a £3,495 product fee and remortgage legal services.
Simon Garner, buy-to-let mortgage manager at Accord Mortgages, said: “We’re so pleased to reduce rates on selected products in line with recent reductions in swap rates.
“This demonstrates our commitment to the buy-to-let sector – responding to the market wherever we can to ensure that our products remain as competitive as possible for landlords.”
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.
