ModaMortgages has expanded its buy-to-let range with the launch of new limited edition 5-year fixed rate products aimed at landlords seeking longer-term pricing certainty amid ongoing market volatility.

The specialist lender’s latest range includes products for single dwelling properties with rates starting from 5.14%.

ModaMortgages has also introduced new products for HMOs and multi-unit freehold blocks with up to six bedrooms or units, with rates starting from 5.24%.

The new range is available at both 75% and 80% loan-to-value, with a choice of fee options for landlords and brokers.

FREE VALUATIONS

All products are available to both individual and limited company landlords, while free valuations are being offered across the lender’s entire product range.

The launch comes as buy-to-let lenders continue focusing on 5-year fixed products as landlords seek greater payment stability against a backdrop of elevated interest rates, regulatory pressure and affordability challenges.

Lenders have also increasingly targeted specialist property types such as HMOs and MUFBs, where rental yields remain comparatively stronger than standard buy-to-let stock.

LONG-TERM STABILITY

Roger Morris (main picture), group distribution director at Chetwood Bank, said: “We’re excited to expand our buy-to-let range with these new limited edition 5-year fixed rate products.

“Not only do they give brokers and landlords more choice and flexibility, they also offer the kind of clear, predictable pricing that really matters in today’s market.

“With options up to 80% LTV and free valuations across the range, they make it easier for landlords to secure long-term stability with confidence.”