ModaMortgages has announced a reduction in rates across its buy-to-let product range, with cuts of up to 40 basis points on selected products and the launch of new options tailored to landlords of small HMOs and MUFBs.

The specialist lender said the repricing affects its standard offering, with two-year fixed rates now starting at 3.19% and five-year fixes from 4.79%. The newly introduced products for small houses in multiple occupation and multi-unit freehold blocks start at 3.29% for a two-year fix and from 4.89% for five years.

Available to both individual landlords and limited companies, all products include free valuations and no application fees, enhancing their appeal to investors seeking cost-effective financing options.

The repricing follows a series of recent changes by the lender aimed at increasing its flexibility in the market. Last week, ModaMortgages announced that it would now accept day one remortgages for bridge exit applications. That move came shortly after it raised its maximum loan-to-value to 80%, signalling a broader effort to support landlord liquidity and market activity.

Darrell Walker, group sales director at ModaMortgages, said the changes reflect the firm’s commitment to helping brokers deliver for their clients. “As the home of smarter, faster, simpler buy-to-let borrowing, we’re always looking for new ways to help brokers meet their clients’ needs,” he said.

“This reprice will see rates cut by as much as 40bps on selected products in our standard range and the introduction of HMO and MUFB-specific products which are ideal for properties with up to six bedrooms or units.”