Accord Mortgages Announces Residential and Buy to Let Rate Changes – August 2025 Update

Latest Product and Rate Updates from Accord Mortgages

Accord Mortgages, a well-known UK mortgage lender, has released significant updates to its residential and buy to let (BTL) mortgage products effective 14 August 2025. These changes involve both rate reductions and increases across a selection of fixed and tracker products, along with new end dates for mortgage offers. Borrowers applying for a new mortgage or remortgage will want to review these changes to secure the best possible rates while they last.

Residential Mortgage Product Changes

Effective 14 August 2025, Accord Mortgages is adjusting rates on several core residential products. Here’s what UK homeowners and first-time buyers need to know:

• Selected 2-year fixed rates: Reduced by up to 0.40% (but some increased by up to 0.15%)
• 3-year fixed rates: Reduced by up to 0.34%
• Selected 5-year fixed rates: Reduced by up to 0.18% (some increased by up to 0.17%)
• 10-year fixed rate: Increased by 0.10%
• 2-year tracker rates: Reduced by up to 0.23%
• £5k Deposit Mortgage: No changes

Key insight: Borrowers seeking competitive short- or medium-term fixed rates may benefit from the reductions, but should check specifics as some rates have also increased. The unchanged £5k deposit mortgage continues to offer a path for those with a smaller deposit.

Find Accord’s latest residential product range here.

Buy to Let Mortgage Product Changes

If you are a property investor or landlord, these buy to let updates could impact your plans:

• 2-year & 5-year fixed rates (60%, 65%, 75% LTV): Decreased by 0.06%
• 3-year fixed rates: No changes
• 80% LTV products: No rate changes
• 2-year tracker rates: No changes

Investor tip: The modest reduction on lower-LTV products could help landlords improve yield or secure better cashflow. Always use Accord’s rental calculator to check maximum borrowing figures before application.

View BTL product finder here.

Updated Offer End Dates

For both residential and BTL mortgages, the product offer end date has moved from 31 October to 30 November. This gives applicants extra flexibility to complete their applications and property purchases or remortgages.

Application Process & Important Deadlines

• Current mortgage product ranges will be withdrawn at 10pm on 13 August 2025.
• The new product ranges launch by 8am, 14 August 2025.
• To secure an existing rate, submit a full mortgage application before the withdrawal deadline.
• For BTL cases, use the rental calculator for an accurate estimate of your maximum loan.

Note: If you have not submitted a Decision in Principle (DIP), do so as soon as possible. Pending DIPs under review will only be processed during normal working hours.

Special Features and Lender Strengths

• Regularly updated mortgage product ranges for both residential and buy to let clients.
• Competitive rates, especially for short and medium fixed-terms.
• Dedicated online tools for rental calculations and affordability.
• Clear communication about withdrawal deadlines and application requirements.

Why Choose Accord Mortgages?

• Lending expertise: Wide variety of products specifically tailored for first-time buyers, remortgagers, home movers, and property investors.
• Transparent criteria: Frequent updates mean applicants get timely access to the lender’s most competitive rates.
• Ease of application: User-friendly digital mortgage tools support quick and accurate applications.

Get Expert Mortgage Advice

With Accord Mortgages making dynamic changes in response to market conditions, it’s crucial to review your options and timing carefully. Our specialist mortgage advisory team can guide you through the latest criteria, help you select the most suitable product, and assist you in meeting vital application deadlines.

Contact us today for tailored, up-to-date mortgage advice and secure your best deal with Accord or any other top UK lender.

FAQs – Accord Mortgages August 2025 Product Update

• Who benefits from these Accord Mortgages rate changes?
  UK homebuyers, remortgagers, and buy to let landlords may benefit, especially those looking for short- or mid-term fixed rates and lower-LTV BTL products.
• How do these rate changes affect my monthly repayments?
  Reduced rates on selected products can lower monthly payments. Increased rates could mean higher payments, so compare current and new rates before applying.
• What happens if I miss the application deadline?
  You must submit a full application before 10pm, 13 August 2025 to secure a current product. Applications afterwards will be subject to the new rates.
• Can landlords borrow more due to these changes?
  For BTL mortgages, maximum borrowing depends on which product is selected. Use the Accord rental calculator for accurate figures before applying.
• How do I start my application or check if I qualify?
  Contact our mortgage advisers for a review of your circumstances and help submitting a Decision in Principle or full mortgage application with Accord.