Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Strategy. Read the original article for full details.

ModaMortgages Launches New Limited Edition 2-Year BTL Fixed Rates

ModaMortgages has expanded its buy-to-let (BTL) mortgage range with the introduction of new limited edition two-year fixed rate products. The new offerings include rates starting from 3.54% for single-dwelling properties and from 3.64% for houses in multiple occupation (HMO) and multi-unit freehold block (MUFB) properties with up to six bedrooms or units.

The launch of these two-year fixed rate products follows ModaMortgages’ recent introduction of limited edition five-year fixed rates. The five-year products are available from 5.14% for single-dwelling properties and from 5.24% for HMO and MUFB properties with up to six bedrooms or units.

All products in the expanded BTL range are available to both individual and limited company landlords, with loan-to-value (LTV) ratios of up to 80%. The range also offers a choice of fee options and includes free valuations across all BTL products.

These new mortgage products may be of interest to letting agents and inventory clerks working with landlords seeking short-term or flexible financing options for single-dwelling, HMO, or MUFB properties.