ModaMortgages is cutting rates by 20bps across its limited edition two-year and five-year fixed-rate BTL products.
As a result, the lender’s limited edition two-year fixed-rate products now start from 3.34% for single dwelling properties and from 3.44% for HMO and MUFB properties with up to six bedrooms or units.
Meanwhile, rates for its limited edition five-year fixed-rate products now start from 4.94% for single dwelling properties and from 5.04% for HMO and MUFB properties with up to six bedrooms or units.
“We’re delighted to make this 20bps reduction, which demonstrates how committed we are to staying responsive to market changes,” said Roger Morris, group distribution director at Chetwood Bank for ModaMortgages (pictured above).
“With rates now starting from 3.34% and free valuations available across the board, we’re giving brokers and their clients even stronger options at a time when value and flexibility really matter.”
