ModaMortgages is trimming rates on limited edition five-year fixed rate products by 5bps.
This change applies to both single dwellings and houses that are HMOs or MUFBs.
Five-year fixed-rate products for the former can now be accessed from 4.64% and 4.74% for the latter.
Rates are unchanged for two-year limited-edition products, accessible from 3.24% for single dwelling properties and 3.34% for HMOs and MUFBs.
“We’re pleased to announce a 5bps reduction on our limited edition five-year fixed-rate products,” said Darrell Walker, group sales director at ModaMortgages (pictured above).
“This move reinforces our commitment to offering competitive solutions for landlords in a challenging market.”