ModaMortgages has introduced £0 and 3% product fee options to its limited-edition range of buy-to-let (BTL) products.
The £0 fee means landlords now have the option for no upfront costs, with ModaMortgages also offering free valuations on all property types and no application fees.
The 3% fee aims to give landlords more choice, alongside 2.5% and 5.5% options.
The new product fee options apply to both 2- and 5-year fixed rates.
Products are available to a variety of landlords, including individuals, limited companies, those with small or large portfolios, first-time buyers and first-time landlords.
Borrowers can choose products with loan-to-values (LTVs) up to 75%.
Darrell Walker, ModaMortgages’ group sales director, said: “As the home of smarter, faster and simpler buy-to-let borrowing, we’re constantly monitoring our product offering and proposition to ensure brokers have got the tools they need at their disposal.
“These new £0 and 3% product fee options give them even more choice and flexibility when it comes to supporting their landlord customers.”
