Accord has increased the maximum loan size across parts of its buy-to-let range, in a move aimed at giving brokers more scope to place larger cases in the private rental sector.

From today, the intermediary-only lender has raised the maximum loan available to experienced landlords to £1.5 million from £1 million on products up to 75% loan-to-value.

For products between 75.01% and 80% loan-to-value, the maximum loan has increased to £750,000 from £500,000.

Accord said the higher limits apply to experienced landlords with at least 12 continuous months of landlord experience.

First-time landlords will be able to borrow up to £1 million on products up to 75% loan-to-value.

The lender said its wider policy rules, affordability criteria and lending requirements remain unchanged.

Angelika Christian, strategic partnerships and propositions manager at Accord, said: “We are always looking for opportunities to offer even more support to the private rental sector, helping landlords, who play a crucial role in a functioning housing market, to supply or improve much-needed rental accommodation.

“This change recognises the significant increase in property prices in recent years, offering greater flexibility and choice for brokers supporting landlords with larger portfolios or higher-value properties.”