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The lender’s buy-to-let fixed rates will rise by up to 0.25 percentage points. The new higher rates and deals from across its range will be available from tomorrow. The bank’s two-year fixed rate at 85percent loan-to-value is cut from 5.23percent to 4.99percent with an 899 fee. “Financial markets have adjusted their forecasts, signalling a rate cut could be due soon.
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These deals are for standard, single self-contained BTL properties, and are available for purchase and remortgage. Coventry building society is cutting rates across its mortgage range again from tomorrow . Over a five-year term Accord is offering a rate of 4.99percent (down from 5.19percent) at 75percent LTV for BTL remortgage.
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