Accord Buy To Let has reduced rates for landlords looking to secure a longer term deal, with up to a 0.30 per cent cut on its entire five-year fixed rate range.
Yorkshire Building Society Group’s intermediary-only lender has made the changes on all five-year fixes and selected three-year fixes at 60 and 75 per cent loan-to-value.
Highlights include a 2.89 per cent five-year fix at 60 per cent LTV, available to remortgaging landlords.
A three-year fix at 2.39 per cent is also available to remortgaging landlords with a 40 per cent deposit.
Both come with an £800 fee and the choice of free standard valuation and standard legal fees, or £300 cashback on completion and free standard valuation.
Chris Maggs, Accord’s buy-to-let commercial manager, pointed out the lender also recently launched a range of tracker mortgages with no early repayment changes, to give landlords flexibility should their circumstances change over the next two years.
“We hope all our new offerings will appeal to both brokers and landlords looking to get the most from a mortgage,” he added.
peter.walker@ft.com
