Accord reduces 75pc LTV rates

The intermediary-only lender, which is part of Yorkshire Building Society Group, is also offering a 2-year fix at 3.09% with no product fee and £500 cashback on completion.

Chris Maggs, Accord buy-to-let commercial manager, said: “We are very pleased to launch this new range of mortgages for landlords with a 25% deposit.

“We hope that by reducing upfront costs landlords can minimise the initial outlay associated with expanding their portfolio or reduce their outgoings when remortgaging, and these competitive rates will help brokers looking for the best deal for their clients.”

Accord is offering £500 cashback on completion for landlords looking to expand their portfolios and a choice of free standard valuation and legals, or free standard valuation and £300 cashback on completion for remortgaging customers.