Specialist lender ModaMortgages, part of Chetwood Bank, has announced rate reductions of up to 0.15% across its buy-to-let product range.
The move applies to both its standard and limited edition products, further strengthening its competitiveness in the landlord lending market.
Following the change, single dwelling products now start from 2.99% for 2-year fixed rates and from 4.59% for 5-year fixed rates.
For small HMO and MUFB properties, those with up to six bedrooms or units, rates begin at 3.09% for 2-year fixed terms and 4.69% for 5-year fixed options.
All products are available up to 80% loan-to-value (LTV) and are open to both personal ownership and limited company landlords.
The lender continues to offer free valuations and a range of fee options across its product suite, providing flexibility to investors and brokers alike.
Darrell Walker, group sales director at Chetwood Bank, said: “We’re pleased to announce rate reductions of up to 0.15% across our entire buy to let product range.
“This move reinforces our commitment to providing competitive options for brokers and their landlord clients in an ever-changing market environment.”
