On September 6th, Accord Buy To Let cut rates across its mortgage range by up to 0.25% and launched a 2-year fixed rate remortgage option for landlords with a 25% deposit. The mortgage comes with a rate of 1.51% and a free standard valuation and fee of £1,995.

A highlight among the changes was a 2.94% 5-year fixed rate mortgage at 75% loan-to-value (LTV), which is down from 3.19% and will be available to landlords either expanding or remortgaging their portfolio. Both options come with free standard valuation, £1,000 cashback and a fee of £195.

Chris Maggs, commercial manager at Accord Buy To Let, said: “We’ve made a number of changes to our mortgage range to give landlords choice when managing their portfolios. As well as reducing rates, we’ve added a competitive new mortgage and kept a number of additional features including cashback, free standard valuation and free legal fees in our range to help landlords with the upfront cost of remortgaging.”