Accord Buy to Let has reduced rates on selected fixed-rate mortgages.
These cut are being applied to its two- and five-year fixes at 75 per cent LTV, with rates reduced by up to 0.15 per cent.
These repriced mortgages include a fee-free two-year fix at 2.62 per cent, while Accord is also offering a five-year fix at 2.69 per cent, with a £1,495 fee.
On both these deals, the lender – part of the Yorkshire Building Society – is offering landlords who are remortgaging the option of free valuations and legal fees, or £500 cashback.
This cashback deal is also available to those purchasing a property.
Accord Buy To Let’s commercial manager Chris Maggs says: “Whilst two-year fixes seem to be the term of choice for many of our customers, five-year deals are also growing in popularity, as landlords look to fix for longer during the uncertain times ahead.
“We wanted to ensure we have a number of offerings available so landlords, with the help of a broker, can weigh up the best way forward for their portfolio.”
