ModaMortgages has cut selected two-year fixed rate limited edition products by up to 20 basis points (bps), lowering pricing across its core buy-to-let range.
The specialist lender, part of Chetwood Bank, said rates for 75% LTV single dwelling products now start from 2.79%, while 80% LTV single dwelling options begin at 3.39%.
Pricing has also been reduced on 75% LTV HMO and MUFB products, which are suitable for properties with up to six bedrooms or units. These now start from 2.99%.
The products are available to both personal ownership and limited company landlords. The range includes free valuations and a choice of fee options.
Darrell Walker (pictured), group sales director at ModaMortgages, said: “This decision to reduce selected two-year fixed rate limited edition products is a further demonstration of our intent to support the buy-to-let market.
“We know affordability remains crucial, and this reduction ensures we can offer competitive, well-priced solutions that help landlords plan with greater certainty and support brokers in meeting client demand.”
The move comes amid continued competition in the specialist buy-to-let sector, with lenders adjusting short-term fixed pricing in response to funding conditions and broker demand.
ModaMortgages has focused its latest reductions on lower LTV tiers and specialist property types, reflecting sustained appetite among landlords for HMOs and small multi-unit blocks alongside standard single dwellings.
For brokers, the changes provide additional options at 75% and 80% LTV, particularly in the two-year fixed rate space where flexibility and pricing remain key considerations for portfolio and limited company clients.
