Accord Mortgages will be reducing rates on its buy-to-let (BTL) range, effective tomorrow (8 October).

The biggest changes from the intermediary-only lender affect selected products available for house purchase up to 80% loan to value (LTV) and include reductions of up to 0.43% on two-year fixes, with five-year rates dropping by up to 0.23%.

For landlords with a 25% deposit or more, rates reduce by up to 0.07% on two-year fixes and by up to 0.04% on five-year rates.

Highlights of the changes include a two-year fix at 6.02%, down from 6.45% for house purchasers at 80% LTV, with a £995 fee and standard valuation.

In addition, a five-year fix at 5.85%, down from 6.08% for house purchasers at 80% LTV, with a £995 fee and standard valuation.

Also cutting rates, Nottingham Building Society has announced it will lower prices across all its ranges, effective 9 October.

The society will also introduce some new LTV options on its BTL and Make it Possible ranges.

The rate reductions will range from 0.04% to 0.14%.

Ranges included in the changes will be residential, standard BTL, limited company and retirement interest only across new business and retention.

Also, foreign national, Life Happens and Make it Possible new business products will be affected.

Meanwhile, Kensington will be update its residential and buy-to-let product offering, effective 8 October.

The lender will be increasing selected residential rates, including to Select, Core, Resi 12 and Resi 6 products.

In addition, there will be selected raise hikes made to houses of multiple occupation and multi unit block products.

Elsewhere, Vida Homeloans has announced it will be withdrawing its new business and product transfer mortgage product range at 5pm today.