ModaMortgages reduces rates by up to 10bps across limited edition range
By Tara SammonsLower rates, no valuation fees and flexible options for landlords
Section: Products
ModaMortgages has cut rates by up to 10 bps across its limited edition five-year fixed rate BTL range.
The reduction means the lender’s limited edition five-year fixed rate products, which feature no application or valuation fees, now start from 5.04% for single dwelling properties and from 5.14% for HMO and MUFB properties with up to six bedrooms or units.
Products are available to individual and limited company landlords up to 80% LTV, with a choice of fee options.
Becki Fraser-Tucker, head of sales at ModaMortgages (pictured above), commented: “We’re delighted to announce this reduction which makes our limited edition range even more competitive for landlords.
“By reducing rates across our five-year fixed rate products, we’re giving brokers and their clients greater opportunities to secure excellent value, whether they’re financing a single dwelling property or a HMO or MUFB investment.
“Combined with no valuation or application fees and flexible fee options, these products are designed to help landlords make the most of today’s market."
Keywords: ModaMortgages, Becki Fraser-Tucker, buy to let mortgages, BTL mortgage rates, five year fixed rate mortgage, limited edition mortgage range, HMO mortgages, MUFB mortgages, landlord mortgages, limited company landlords, 80% LTV mortgages, property investment finance