Accord Buy To Let has reduced rates and added an additional £250 cashback on selected mortgages.

It has also reduced rates on two and five-year fixed rate mortgages by up to 0.18 percentage points.

Landlords looking to remortgage their current portfolio can take advantage of Accord’s 2.12% two-year fix at 75% loan to value (LTV) which has free standard valuation. Those looking to fix for longer could opt for a five-year deal at 2.66% at 65% LTV, which comes with free standard valuation and free legal fees.

Both options include a £950 fee plus £750 cashback on completion.

Additionally, Accord has added an extra £250 cashback on 29 mortgages, up to £750 cashback in total.

Chris Maggs (pictured), commercial manager at Accord Buy To Let ,said: “The remortgage market has been strong in 2018 so far, as many landlords look to re-finance their portfolios following the second round of tax relief reductions.

“Our latest range of products aims to provide landlords with a helping hand when managing their portfolios. We hope the additional £250 cashback boost, on mortgages with no cashback as well as some that already had £500 cashback, will help minimise the upfront costs of remortgaging a property.

“We constantly review our mortgages to offer the best fit for landlords, and we hope this combination of benefits will really appeal to brokers and their clients looking for the best option to suit their individual buy-to-let requirements.”