ModaMortgages has launched a limited edition range of two and five-year fixed rate BTL products carrying no application or valuation fees, available to both individual and limited company investors.
The specialist lender's range covers single dwelling properties, with rates starting at 4.19%, and extends to HMO and MUFB properties with up to six bedrooms or units, where rates begin at 4.29%. All products are available up to 80% LTV.
Borrowers can choose from several fee structures. Percentage fee options are set at 2%, 5%, and 7%, with fixed fee alternatives available at £7,499 and £9,999.
"At a time when landlords are carefully assessing every cost associated with their investments, products that offer no application or valuation fees are particularly attractive," said Becki Fraser-Tucker, head of sales at ModaMortgages (pictured).
"Our new limited edition range delivers exactly that, whether they're purchasing a single dwelling or an HMO or MUFB property, and gives brokers more ways to maximise value for their clients and meet the evolving needs of today's property investors."
