There’s further good news for brokers and landlords as we have also reduced rates on selected mortgages by up to 0.20%
Accord Buy To Let has expanded its range of three and five-year fixed rate buy-to-let mortgages up to 75% LTV.
The lender has introduced 14 additional three and five-year fixed rates with a cashback feature of up to £750.
New 65% LTV products include a 2.74% three-year fix with a £450 product fee, plus £550 cashback and free standard valuation and a 2.24% three-year fix with a £1,995 product fee and £250 cashback.
Remortgaging landlords can benefit from a three-year fix at 2.54% at 65% LTV, with a £950 product fee plus £750 cashback and free standard valuation. Alternatively, there is a five-year fix available at 2.51% for landlords with a 40% deposit with £550 cashback, free standard valuation and a £950 fee.
Chris Maggs, Commercial Manager at Accord Buy To Let, said: “With the threat of a potential rate rise looming we feel our five year fixed rate options will appeal to landlords at the moment, so we wanted to provide them with a choice of competitive deals.
“We recently began offering mortgages to first-time landlords, so we hope our new purchase loans will help all landlords looking to build a buy-to-let portfolio.
“There’s further good news for brokers and landlords as we have also reduced rates on selected mortgages by up to 0.20%, so we have a really competitive range that suits a variety of borrowing needs.”