Two new products have been added to Accord Mortgages’ buy-to-let range.

For purchasing landlords, the new fee-free five-year fix has a rate of 2.42% at 60% loan to value (LTV) and comes with £500 cashback and free valuation.

For remortgaging clients, the five-year fixed rate at 2.57% at 65% LTV comes with £0 fee, £250 cashback, free valuation and free standard legals.

In addition, Accord Buy To Let is also reducing rates on 29 products across the range including a two-year fixed rate mortgage for borrowers with a 25% deposit at 1.99% (was 2.09%).

Available to both homebuyers and those remortgaging, the loan comes with a £950 fee, £500 cashback and free valuation.

Landlords looking to remortgage can also access the reduced 75% LTV five-year fix at a rate of 2.68% (was 2.82%) which comes with a £0 product fee, £250 cashback, free standard legals and free valuation.

Simon Garner, product manager at Accord Buy To Let, said: “Our fee-free products have proven popular with landlords looking to reduce upfront costs, so we are increasing our range, in addition to reducing rates on a wide range of two, three and five-year products to provide even more options for those looking to start or extend a buy-to-let business.”