ModaMortgages has expanded its buy-to-let vary with eight new limited-edition merchandise
The specialist lender is including 4 new merchandise to its single dwelling vary, together with two new two-year fastened charges as much as 75% LTV with charges from 5.09%, a two-year fastened fee as much as 80% LTV at 6.29%, and a five-year fastened fee as much as 80% LTV at 6.39%.
The vary now additionally consists of 4 new small HMO and MUFB merchandise, that are appropriate for properties with as much as six bedrooms or items, together with two two-year fastened charges as much as 75% LTV with charges from 5.19%, a two-year fastened fee as much as 80% LTV at 6.39% and a five-year fastened fee as much as 80% LTV at 6.49%.
The lender has additionally diminished charges by as much as 15bps on 4 of its current limited-edition merchandise, with two-year fastened charges in its single dwelling vary now ranging from 3.14% and two-year fastened charges in its small HMO/MUFB vary from 3.24%.
The diminished fee merchandise are all out there as much as 75% with a selection of payment options.
Commenting on the new merchandise ModaMortgages group gross sales director Darrell Walker stated: “We’re excited to launch eight new limited-edition buy-to-let merchandise. Our expanded vary now provides landlords much more selection.”
