ModaMortgages has announced a rate cut of up to 15 basis points on selected 75% loan-to-value buy-to-let products, including both standard and specialist offerings for houses in multiple occupation (HMOs) and multi-unit freehold blocks (MUFBs).

The latest reduction brings the specialist lender’s standard two-year fixed rate at 75% LTV down to 3.44%, while the equivalent five-year fixed rate now stands at 4.94%. Products within its small HMO and MUFB range — suitable for properties with up to six bedrooms or units — are now priced at 3.54% for two-year fixes and 5.04% for five-year fixes.

The full range is available to both individual landlords and those operating through limited companies.

In addition to the rate adjustments, ModaMortgages continues to offer flexible fee options, free valuations and no application fees, as part of its broader effort to enhance affordability and choice for buy-to-let investors.

Darrell Walker, group sales director at ModaMortgages, said the move was designed to help brokers better serve their landlord clients. “We’re pleased to announce we’re further able to support landlords with rate reductions of up to 15bps on selected 75% LTV buy-to-let products,” he said.

“This latest reduction shows just how committed we are to making sure brokers have the products they need to help meet their clients’ buy to let aspirations at their disposal.”