ModaMortgages offering zero fee options at 80% LTV

Published on

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, ModaMortgages
Darrell Walker, ModaMortgages

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.”

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Borrowers lean towards short-term deals as rate cuts loom, says Family Building Society

A growing number of UK mortgage borrowers are shunning five-year fixed deals in favour...

Fleet Mortgages unveils £1,000 cashback and rate cuts on HMO buy-to-let products

Fleet Mortgages has announced fresh rate reductions across its five-year fixed-rate HMO and multi-unit...

Coventry for intermediaries reduces residential and buy-to-let fixed rates

Coventry for intermediaries has announced rate reductions across selected fixed mortgage products, offering brokers...

Atom bank adopts Provenir platform to modernise risk decisioning

Atom bank has selected Provenir’s AI-powered decisioning platform as part of a strategic move...

Other news

Borrowers lean towards short-term deals as rate cuts loom, says Family Building Society

A growing number of UK mortgage borrowers are shunning five-year fixed deals in favour...

Fleet Mortgages unveils £1,000 cashback and rate cuts on HMO buy-to-let products

Fleet Mortgages has announced fresh rate reductions across its five-year fixed-rate HMO and multi-unit...

Coventry for intermediaries reduces residential and buy-to-let fixed rates

Coventry for intermediaries has announced rate reductions across selected fixed mortgage products, offering brokers...
Advertisement