ModaMortgages has repriced its Limited Edition buy-to-let range, with interest rate reductions on two- and five-year fixed rate mortgages.
The latest changes see five-year fixed rates at 75% LTV reduced by 10 basis points, while standard five-year products at 80% LTV are reduced by 5 basis points.
Rates now start at 4.84% for Standard Properties and 4.94% for Mini HMOs and Small HMOs.
Over two years, rates reach 75% of LTV for both standard and boutique properties HMOs Central bank and MUFB interest rates also fell by 5 basis points, with interest rates starting at 3.29% and 3.39%, respectively.
The lender continues to offer free valuations and no application fees across its buy-to-let LTV range, including HMOs and MUFBs, with loans available to individual landlords and limited companies of up to 80% LTV.
Becky Fraser-Tucker, head of sales at ModaMortgages, said: “We’re always looking for where we can improve our range and give brokers more opportunities to showcase cases, so it’s great to be able to deliver these latest reductions across some really key products.
“Discounts in the two- and five-year ranges, particularly at 75% LTV, mean brokers have more flexibility when finding the right fit for their landlord clients. And with our limited edition products continuing to offer free valuations and no application fees, there’s real value there right away.”
Accord Mortgages will cut interest rates on its range of new commercial residential products next week, as well as reduce minimum loan sizes on low LTV products.
Effective 8 a.m. on 6 July 2026, the range update includes cuts to two-year reforms of up to 30 basis points, with three-year interest rates being reduced by up to 29 basis points.
For borrowers looking for long-term stability with a five-year fix, options include products with interest rates reduced by up to 21 basis points.
Accord is also reducing the minimum loan size requirements on selected products up to 75% LTV from £50,000 to £30,000.
It also relaunched a group of products with an interest-to-value ratio of 65%, with rates starting from 4.47%, and an interest-to-value ratio of 80%, with rates starting from 4.54%.
Jeremy Duncombe, managing director of Accord Mortgages, said: “We are very pleased to be able to reduce rates on a wide range of product options, including our innovative £5,000 mortgage, which has been specifically designed to give borrowers with just a £5,000 deposit the chance to realize their homeownership dreams. We are also offering more flexibility and choice to those with smaller borrowing requirements by reducing our minimum loan size.”
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