The lender has reduced rates by as much as 0.24% across residential products at 75%, 80% and 85% loan to value (LTV), while deals at 90% LTV have gone down by as much as 0.09%.
At 95% LTV, rates are falling by up to 0.19%.
This includes a two-year fix for purchase up to 85% LTV, which has gone down from 4.44% to 4.24%. This has no fee and comes with £300 cashback and a free valuation.
There is also a three-year fixed remortgage up to 75% LTV, which has been reduced from 4.16% to 3.98%, with a £495 fee, free standard valuation and remortgage legal service.
Additionally, a five-year fixed remortgage up to 75% LTV has been cut from 4.19% to 3.99%. This comes with a £1,495 fee, free standard valuation and remortgage legal service.
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Elsewhere, BTL rates have been cut by as much as 0.07% across its 60%, 65% and 75% LTV deals.
Across its BTL range, there is a two-year fix up to 75% LTV for remortgage, with a rate of 4.09%, down from 4.16%. This has a £995 fee, free standard valuation and remortgage legal service.
The alternative with a £1,995 fee has been lowered from 4.01% to 3.94%.
Further, there is a five-year fixed purchase product up to 65% LTV, down from 4.14% to 4.08%, with a £3,495 fee, free standard valuation and £500 cashback.
Aidan Smith, product manager for mortgages at Accord Mortgages, said: “We’re so pleased to make these positive changes – which include passing on notable reductions to residential borrowers with a bigger deposit; and improving our BTL offering for landlords with a larger deposit, ensuring better value across a wide range of options for brokers and their clients.”
Landbay makes BTL rate cuts up to 0.2%
Landbay has lowered rates across its BTL product offerings, including its Premier, Core and Specialist ranges.
Rates have fallen by 0.15% across its Premier range, applying to its two- and five-year fixes, like-for-like remortgages and product transfers. Reductions have also been made to its five-year fixes with free valuation and assisted legal options.
Landbay’s Premier five-year fix with a zero fee is now available at 4.95%, previously 5.09%, while its five-year fix with a 3% fee is now available at 4.35%, down from 4.49%. Both products are available up to 75% LTV.
This includes its Premier fee-free five-year fix, now 4.95%, down from 5.09%. Meanwhile, the five-year fix with a 3% fee has gone down from 4.49% to 4.35%. Both are available up to 75% LTV.
Within the same range, Landbay has cut five-year fixed remortgage rates, with pricing starting from 4.97%, down from 5.09%. The range comes with assisted legals, free valuations and a fixed fee based on the loan size, up to £750,000.
Within its Core and Specialist product ranges, which cover limited companies, holiday lets and small houses in multiple occupation (HMOs) and multi-unit freehold blocks (MUFB), Landbay has reduced rates by up to 20 basis points.
Rob Stanton, sales and distribution director at Landbay, said: “The market has shifted again in recent weeks, and we have taken the decision to pass on further rate reductions across our range. We know brokers are working with landlords who are focused on managing costs and planning ahead with greater certainty, particularly those coming to the end of existing fixed rates. By cutting rates across our Premier, Core and Specialist, we are giving advisers more scope to place cases competitively, whether they are straightforward or more complex.
“It is also important that price is backed up by strong service and a clear product structure. Our five-year remortgage fixes with assisted legals and free valuations remain a key part of that, helping landlords refinance efficiently while keeping upfront costs in check. We will continue to review our pricing closely and respond where we can, so brokers have the support they need in a market that remains active and price-sensitive.”
