ModaMortgages launches new two-year buy-to-let range

ModaMortgages is expanding its buy-to-let range with the launch of new limited edition two-year fixed rate products.

Products start from 3.54% for single-dwelling properties and 3.64% for HMO and MUFB properties with up to six bedrooms or units.

The launch comes days after the lender introduced a number of limited edition five-year fixed rates, with products for single-dwelling properties from 5.14% and HMO and MUFB properties from 5.24%.

Products are available to individual and limited company landlords up to 80% LTV, with a choice of fee options and free valuations offered across the entire buy-to-let range.

Roger Morris, group distribution director at Chetwood Bank for ModaMortgages, said: “We’re excited to be extending our buy-to-let range once again with these new limited edition two-year fixed rate products.

“By adding more short-term options alongside our recently launched limited edition five-year fixed rate products, we’re giving brokers and their landlord clients even more choice and flexibility, whatever their investment strategy.”