ModaMortgages expands BTL range with new 2-year fixed-rate products

The new range starts from 3.54% for single-dwelling properties and from 3.64% for HMOs and MUFBs with up to six bedrooms or units.

ModaMortgages has launched new limited edition 2-year fixed-rate buy-to-let (BTL) products.

The new range starts from 3.54% for single-dwelling properties and from 3.64% for houses in multiple occupation (HMOs) and multi-unit freehold blocks (MUFBs) with up to six bedrooms or units.

This follows the lender’s recent launch of limited edition 5-year fixed rates, with products starting from 5.14% for single-dwelling properties and from 5.24% for HMOs and MUFBs.

Products are available to individual and limited company landlords up to 80% loan-to-value (LTV), with a range of fee options and free valuations across the BTL range.

Roger Morris (pictured), group distribution director at Chetwood Bank for ModaMortgages, said: “We’re excited to be extending our buy-to-let range once again with these new limited edition two-year fixed rate products.

“By adding more short-term options alongside our recently launched limited edition five-year fixed rate products, we’re giving brokers and their landlord clients even more choice and flexibility, whatever their investment strategy.”