ACCORD CUTS RESIDENTIAL AND BUY-TO-LET RATES BY UP TO 0.23%

30 October 2025

Accord Mortgages is cutting rates this week on both its residential and buy-to let product ranges – building on other enhancements the intermediary-only lender made just last week.

Effective tomorrow (Friday, 31 October), the new range for residential borrowers offers reductions of up to 0.23% on products up to 75% and 80% loan-to-value (LTV); with products reduced by 0.20% up to 85% and 90% LTV.

For those with the lowest deposit, products up to 95% LTV also reduce by up to 0.13%. Reductions also include the new first-time buyer exclusive product range, as well as the lender’s innovative 5K Deposit Mortgage - which enables first-time buyers with a £5,000 deposit to purchase a property valued up to £500,000 – and reduces by 0.12% (now 5.34%).

For its buy-to-let range, the lender’s reductions include decreases of up to 0.20% up to 80% LTV. Products up to 65% are also dropping by up to 0.20%, while those up to 75% LTV will be up to 0.22% lower.

Highlights of the residential range include:

A five-year fixed rate at 4.09% (was 4.32%) for house purchasers up to 75% LTV which comes with a £495 fee
A two-year fix at 4.41% (was 4.51%) exclusive for first time buyers, up to 90% LTV which comes with a £495 fee and £500 cashback
A fee-free two-year fixed rate at 4.33% (was 4.51%) for those remortgaging up to 80% LTV, which comes with remortgage legal service.

Highlights of the buy-to-let range:

A five-year fix up to 80% LTV, available for house purchase, at 4.88% (was 5.06%), with a £995 fee and free standard valuation
A two-year fixed rate to 75% LTV, available for those remortgaging, at 4.18% (was 4.35%), with a £995 fee, free standard valuation and remortgage legal service
And a two-year fix to 60% LTV, available for house purchase, at 3.90% (was 4.00%), with a £1,995 fee and free standard valuation.

Aidan Smith, product manager for mortgages at Accord Mortgages, said:

“We’re so pleased to be able to make further positive changes to both our residential and buy-to-let ranges, passing on even better value to brokers and their clients.”