ModaMortgages is increasing its maximum LTV with the addition of 80% LTV £0-fee options to its range of BTL products, as well as reducing rates on selected limited-edition products.
The new 80% LTV £0-fee options are now available on the lender’s core and limited edition two- and five-year products.
The finance provider has also reduced rates on selected limited-edition products by up to 10bps, with two-year fixed rates starting from 3.44% and five-year fixed rates now starting from 4.84%.
ModaMortgages’ 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.
Darrell Walker, ModaMortgages’ group sales director (pictured above), commented: “We’re excited to be able to further expand our BTL range by adding 80% LTV £0-fee options.
“The new option, combined with our recent launch of expanded fees, will give brokers even more choice when it comes to finding the right product for their clients.”