Accord is slicing rates on numerous buy-to-let offers and TSB is trimming costs on some resi and buy-to-let merchandise tomorrow.
At Accord, BTL rates are falling by as a lot as 25 foundation factors, whereas at TSB some rates are dropping by as much as 20 bps.
Accord’s price cuts apply to the next classes of buy-to-let deal, excluding these at 80% LTV:
Two-year mounted rates and two-year trackers decreasing by as much as 10-15 bps
Three-year mounted rates decreasing by 25 bps
Five-year mounted rates decreasing by 20-25 bps
Meanwhile, TSB is launching a three-year mounted for first-time consumers, dwelling movers and remortgage debtors with a £495 payment and rates ranging from 4.75%.
The lender can be slicing rates on the next resi offers:
Five-year fixes for remortgage as much as 90% LTV by as much as 20 foundation factors
Two and five-year fixes for first-time consumers and dwelling movers as much as 85% LTV by as much as 15 bps
Three yr fixes for FTBs and dwelling movers by as much as 10 bps
TSB is making additional cuts to chose buy-to-let rates:
Some two-year fixes for buy and remortgage down by 10 bps
Some five-year fixes for buy and remortgage down by 15 bps
Some two, three and five-year fixes for product switch down by 10-15 bps
