ModaMortgages has broadened its buy-to-let range by introducing new £0 fee products at up to 80% loan-to-value (LTV), alongside a round of rate cuts on selected limited edition deals.
The specialist lender confirmed that the higher LTV tier is now available across both its core and limited edition two- and five-year fixed rate products, with no product fees attached.
Rates on selected limited edition products have also been cut by as much as 10 basis points. Two-year fixed rates now begin from 3.44%, while five-year fixes start at 4.84%.
The launch of the 80% LTV products follows ModaMortgages’ recent introduction of £0 and 3% fee options across its limited edition range, underlining a strategy focused on widening broker and borrower choice.
The products are open to a broad demographic, including individual landlords, limited companies, first-time landlords, and those with portfolios of varying size.
Darrell Walker, group sales director at ModaMortgages, said: “We’re excited to be able to further expand our buy-to-let range by adding 80% LTV £0 fee options.
“The new option, combined with our recent launch of expanded fees, will give brokers even more choice when it comes to finding the right product for their clients.”
