Accord Buy To Let has reduced rates across a number of fixed rate products.

Notable cuts include the 75 per cent LTV two-year fix reduced from 2.46 per cent to 2.24 per cent, and the 80 per cent LTV three-year fix from 3.82 per cent to 3.47 per cent.

In addition, the 75 per cent LTV five-year fix has been cut from 2.50 per cent to 2.32 per cent.

The above three products are all for remortgages only, include £250 cashback, free standard valuations, and the latter offering includes a £195 fee.

Within the house purchase range, the lender has reduced rates on the 80 per cent LTV two-year fix from 3.95 per cent to 3.47 per cent, and on the 80 per cent LTV five-year fix from 3.95 per cent to 3.57 per cent. Both deals include a £950 fee, £1,000 cashback and free standard valuations.

The 80 per cent LTV three-year fix has also been cut, from 3.82 per cent to 3.47 per cent. This offering has £500 cashback and free standard valuations.

Accord Buy To Let product manager Simon Garner says: “This refresh has been a chance to review our full range and ensure we are meeting the needs of landlords, whether they are in the market for a new addition to their portfolio or looking at remortgaging on existing properties.

“We have been able to reduce rates to offer more competitive products as well as increase many of our house purchase cashback incentives from £250 to £500.

“We will continue to monitor the market post-election and as always, we are happy to discuss individual cases with brokers if they have specific questions about affordability or criteria.”