ModaMortgages adds two-year fixes to buy-to-let range

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ModaMortgages has expanded its buy-to-let range with the launch of limited edition two-year fixed-rate products.

The specialist lender said the new products start from 3.54% for single-dwelling properties and from 3.64% for houses in multiple occupation and multi-unit freehold blocks with up to six bedrooms or units.

The launch follows the introduction of limited edition five-year fixed rates earlier this month, with products for single-dwelling properties from 5.14% and for HMO and MUFB properties with up to six bedrooms or units from 5.24%.

The products are available to individual and limited company landlords up to 80% loan-to-value, with a choice of fee options. Free valuations are available across the lender’s buy-to-let range.

Roger Morris
Roger Morris

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.”

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