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Accord, the specialist lending arm of Yorkshire building society, has cut selected buy-to-let rates by up to 0.3 percentage points. The intermediary-only lender is offering a two-year fixed rate at 4.79percent (down from 4.94percent) for BTL purchase at 60percent LTV. The Bank of England has forecast that 900,000 borrowers will experience ‘severe mortgage rate shock’ in 2024 when their existing fixed rate deals come to an end. Read More

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