Buy to let lender, Accord, has has reduced the rates on its 75% LTV mortgage offering.
The rates on the lender’s two year fix 75% LTV product range now stands at 2.84% with an £800 fee. Alternatively, landlords can choose a rate of 3.19% with no fee payable.
Accord Buy to Let is also offering clients looking to widen their portfolios £500 cashback on completion of a new sale.
Landlords seeking to remortgage existing properties will be offered a free standard valuation, as well as either £300 cashback on completion or free standard legals.
Chris Maggs, Accord's Buy to let commercial manager, said:
"We are constantly reviewing our buy to let mortgages to offer the best fit for landlords, and our new 75% LTV range allows those with a 25% deposit to pick and choose the best loan to suit their individual requirements.
"The addition of our new two year tracker options means we now offer both fixed rate and tracker buy to let mortgages below 2%, which we hope will appeal to both landlords and brokers."
Visit our lender page for Accord Mortgages Ltd
2nd November 2015