ModaMortgages has reduced rates across its most popular two- and five-year fixed-rate products.
The latest changes see five-year fixed rates at 75% LTV reduced by 10bps, while five-year 80% LTV standard products have been cut by 5bps.
Rates now start from 4.84% for standard properties and 4.94% for small HMOs and MUFBs.
Across the two-year range, rates at 75% LTV for both standard properties and small HMOs and MUFBs have also reduced by 5bps, with rates starting from 3.29% and 3.39% respectively.
The lender continues to offer free valuations and no application fee across its limited-edition BTL range, including HMOs and MUFBs, with products available to individual and limited company landlords up to 80% LTV.
Becki Fraser-Tucker, head of sales at ModaMortgages (pictured above), said: “We’re always looking at where we can sharpen our range and give brokers more opportunities to place cases, so it’s great to be able to bring through these latest reductions across some really key products.
“Cuts across both our two- and five-year ranges, particularly at 75% LTV, mean brokers have even more flexibility when finding the right fit for their landlord clients.
“And with our limited-edition products continuing to offer free valuations and no application fee, there’s real value there straight away.”
