A maximum of four directors or shareholders can be included in a simple layered application.

The lender’s new single dwelling 80% LTV products include a 2-year fixed rate at 3.59% and a 5-year fixed rate at 4.99%.

ModaMortgages has today launched eight new limited editions, designed for landlords looking to pay more upfront to benefit from lower fees further down the line.

Rates have been reduced by up to 15bps on four existing products.

2-year limited edition rates now start from 3.24% for single dwellings following the changes.

The new range is open to individual and limited company borrowers.

Rates have been reduced by up to 15bps.

Today, ModaMortgages has repriced its buy to let range, reducing rates by up to 40bps on selected products in its standard range, so two-year fixed rates now start from 3.19% and from...

The announcement follows the lender boosting its maximum LTV to 80% LTV, as well as adding £0 and 3% product fee options to its limited edition range.

The LTV boosts come in addition to rate reductions on selected limited-edition products.