ModaMortgages is dropping rates by up to 15bps on selected 75% LTV standard, HMO and MUFB BTL products.
The price reduction means the lender’s range now features standard two-year fixed-rate 75% LTV products at 3.44% and standard five-year fixed-rate 75% LTV products at 4.94%.
Rates for its small HMO and MUFB products, suitable for properties with up to six bedrooms or units, now feature two-year fixed-rate 75% LTV products at 3.54% and five-year fixed-rate 75% LTV products at 5.04%.
“We’re pleased to announce we’re further able to support landlords with rate reductions of up to 15bps on selected 75% LTV buy to let products,” said Darrell Walker, group sales director at ModaMortgages (pictured above).
“This latest reduction shows just how committed we are to making sure brokers have the products they need to help meet their clients’ BTL aspirations at their disposal.”
