Accord Mortgages is making changes to its buy-to-let mortgage offering this week.
The current range will be withdrawn at 8pm on 21 April and replaced on 22 April at 9am.
The new range will include rate cuts on selected two-year products at 65% loan to value (LTV) of up to 0.09 percentage points, including a two-year fix at 2.51% (was 2.60%) available for remortgaging, which comes with a £495 fee, free remortgage legal service and free standard valuation.
The intermediary-only lender has also reduced rates on selected products at 75% LTV, for landlords looking for two-year and five-year terms. These include a five-year fix at 2.49% (was 2.55%), available for both house purchase and remortgage, which comes with a £1,995 fee, £250 cashback and free standard valuation.
Selected two-year products at 60% and 65% LTV are being increased by up to 0.08 percentage points and by up to 0.05 percentage points for selected products at 80% LTV.
The intermediary only lender has also extended product end dates until 30 September.
Simon Garner, buy-to-let mortgage manager at Accord, said: “We’re pleased to have been able to reduce our buy-to-let mortgages at 65% and 75% LTV to help landlords benefit from better value, but in light of changing market conditions we’ve also had to increase selected rates. As always, we’re letting brokers know about the changes.”
