ModaMortgages has expanded its buy-to-let offering with the launch of eight limited-edition products and rate reductions of up to 15% on four existing deals.
The specialist lender has introduced four new products in its single dwelling range, including two new 2-year fixed rates up to 75% LTV starting from 5.09%, a 2-year fixed rate up to 80% LTV at 6.29%, and a 5-year fixed rate up to 80% LTV at 6.39%.
Four new products have also been added to the small HMO and multi-unit freehold block (MUFB) range, aimed at properties with up to six bedrooms or units.
These include two 2-year fixed rates up to 75% LTV from 5.19%, a 2-year fixed rate up to 80% LTV at 6.39%, and a 5-year fixed rate up to 80% LTV at 6.49%.
Alongside the new launches, ModaMortgages has cut rates on four existing limited-edition products. Its 2-year fixed rates in the single dwelling range now start from 3.14%, and 2-year fixed rates in the small HMO/MUFB range start from 3.24%. These reduced-rate products are all available up to 75% LTV with a range of fee options.
Buy-to-let mortgages from ModaMortgages are available to individual landlords and limited companies, with free valuations offered across the entire range.
Darrell Walker, group sales director at ModaMortgages, said: “We’re excited to launch eight new limited-edition buy-to-let products. Our expanded range now gives landlords even more choice.
“The rate reductions of up to 15% on four of our existing limited-edition products reflect our ongoing commitment to providing value and flexibility. These changes are designed to support landlords in a constantly evolving landscape.”
