First-time landlords at Accord Mortgages can now use top slicing with a minimum household income of £75,000, excluding rental income.

Accord now allows first-time buyers to borrow up to 5.5 times their income without a minimum income requirement.

Two-year fixes up to 75% LTV are to be reduced by 0.10%

Buy-to-let rates begin at 4.05% on two-year products up to 75% LTV.

ICRRs for five-year or longer remortgage products have been reduced to 4.75% or product rate plus 0.35%.

Accord has reduced three-year fixed rates by up to 0.14% and two- and five-year fixes by up to 0.10%.

Accord’s latest update cuts selected buy-to-let rates by 0.06%.

A five-year fix at 60% LTV will now start at 4.12% following the update

Three-year remortgage fixed rate now at 4.44% with £500 cashback option.

A revised 4.87% rate is available for two-year remortgages up to 80% LTV