ModaMortgages announces reduced limited-edition range
ModaMortgages has launched a limited-edition range of two- and five-year fixed rate products, with rates reduced by 10 basis points (bps) compared with its previous limited-edition offering.
The lender is offering two-year fixed rates from 4.14% and five-year fixed rates from 5.04%.
It includes products suitable for single-dwelling properties and houses in multiple occupation (HMOs) and multi-unit freehold blocks (MUFBs) with up to six bedrooms or units.
There are no application or valuation fees across the whole range. Products are available to both individual and limited company landlords, with a variety of fee structures to choose from.
Becki Fraser-Tucker, head of sales at ModaMortgages, said: “We’re always looking for opportunities to strengthen our proposition, so we’re delighted our new limited-edition range features rates up to 10bps lower than previously.
“With rates now starting from 4.14%, alongside no application or valuation fees and support for a wide range of property types, this range offers even more reasons for brokers to take a closer look at ModaMortgages.”
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