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Accord slashes resi and BTL rates

Accord slashes resi and BTL rates
Anna Sagar
Written By:
Posted:
October 30, 2025
Updated:
October 30, 2025

Accord Mortgages will lower selected residential rates by up to 0.23%, with buy-to-let (BTL) rates falling by as much as 0.2%.

The mortgage rate changes will come into effect on 31 October.

Residential deals from 75% to 80% loan to value (LTV) will drop by around 0.23%, while those at 85-90% LTV will fall by 0.2%.

As an example, its five-year fixed rate at 75% LTV with a £495 fee will decrease from 4.32% to 4.09%.

Deals up to 95% LTV will reduce by up to 0.13%, while first-time buyer exclusive deals – including the firm’s £5k Deposit Mortgage – will be lowered by up to 0.12% and start from 5.34%.

For instance, its two-year exclusive first-time buyer deal at 90% LTV will go down from 4.51% to 4.41%. It comes with a £495 fee and £500 cashback.

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In its BTL range, reductions of up 0.2% at 80% LTV will be made and deals at 65% LTV will fall by around 0.2%. Those at 75% LTV will decline by 0.22%.

Examples include its five-year fixed rates at 80% LTV, which will be priced at 4.88% with a £995 fee and free standard valuation.

The lender’s two-year fixed rate for remortgage at 75% LTV with a £995 fee, free standard valuation and remortgage legal service will be priced at 4.18%.

Its two-year fixed rate for purchase at 60% LTV with a £1,995 fee and free standard valuation will decline from 4% to 3.9%.

Aidan Smith, product manager for mortgages at Accord Mortgages, said: “We’re so pleased to be able to make further positive changes to both our residential and buy-to-let ranges, passing on even better value to brokers and their clients.”