Accord Mortgages is cutting rates on its buy-to range by up to 10 basis points this week.
Changes compared to the exclusively intermediary lender apply to two-year fixes, with interest rates on remortgage products up to 75% Loan-to-Value (LTV) falling by 10 basis points and by 3 basis points up to 65% LTV.
Highlights of the range refresh will take effect from 8am on November 27 and include:
• A two-year fixed rate up to 75% LTV, available to those remortgaging, at 4.08% (from 4.18%), with a £995 fee, free standard valuation and remortgage legal services
• A two-year interest rate fix of up to 75% LTV, available to those who remortgage, at 3.93% (from 4.03%), including a £1,995 fee, free standard valuation and remortgage legal services
Accord mortgage product manager Cheryl Bleasdale said: “We are so pleased to take this opportunity, driven by a recent fall in market interest rates, to further improve the competitiveness of our buy-to-let range so that we can continue to deliver exceptional value to our agents and their landlord clients wherever possible.”
Leeds Building Society yesterday interest rate cuts implemented of up to 35 basis points for new loans, existing customers and additional loans.