Accord Mortgages is improving the majority of its buy-to-let (BTL) mortgage range, with rate reductions of up to 0.15%.
Reduced rates will be available to both house purchase and remortgage clients, and the intermediary-only lender is extending end dates on all products until the end of January.
Highlights of the new range include a 3-year fixed rate of 3.28% (was 3.43%) at 80% loan-to-value (LTV) for house purchase and remortgage clients, which comes with a £995 fee, £500 cashback and free standard valuation.
Nationwide reduces rates by 0.20%
A 3-year fixed rate of 1.65% (was 1.78%) at 75% LTV for house purchase and remortgage clients, which comes with a £1,495 fee, £300 cashback and free standard valuation has also been added.
The lender’s 2-year fixed rate is now 1.79% (was 1.88%) at 65% LTV for remortgage clients, which comes with a £495 fee, £250 cashback and free standard valuation.
Landlords purchasing a property and looking to fix their initial deal term for longer can also now benefit from a 5-year fixed rate starting from 1.75% (was 1.80%) at 65% LTV, while remortgaging clients’ options start from 1.73% (was 1.80%).
Simon Garner, mortgage manager at Accord Mortgages, said: “We’re pleased to launch this new range which aims to give brokers and landlord clients improved choice, and with end dates extended until January will deliver better value for many.”