Accord Mortgages will cut selected landlord rates by up to 30 basis points from tomorrow (5 December). 

The broker-only lender says its biggest reductions come among its three-year loans, while five-year products will come down reduced by up to 20bps, and a number of two-year offers are as much as 15bps lower. 

It will also introduce free standard valuations on all products with a £3,495 fee. 

Highlights include:

• Two-year fixes at 4.79% (from 4.94%) for landlords purchasing a property, at up to 60% loan to value, with a £3,495 fee, and a free standard valuation 
• Three-year fixes at 5.14% (from 5.44%) at up to 65% LTV, for landlords remortgaging, with a £995 fee, free standard valuation and remortgage legal service 
• Five-year fixes at 4.99% (from 5.19%) at up to 75% LTV, suitable for remortgage clients, with a £1,995 fee, free standard valuation and £250 cashback 

The lender has also extended product end dates to 31 March. 

Accord Mortgages buy-to-let mortgage product manager Aidan Smith says: “We’re reducing rates in line with a recent drop in market swap rates. 

“We’re also really pleased to offer free standard valuations across our higher-fee range, which we expect to appeal to landlords purchasing more expensive properties, to offer them maximum overall value regardless of their product choice.”