ModaMortgages has repriced its limited edition buy-to-let offering, with interest rate reductions on two- and five-year fixed rate mortgages.
The latest changes mean that five-year fixed rates with an LTV of 75% have been reduced by 10 basis points, while standard products with a five-year term and an LTV of 80% have been reduced by 5 basis points.
Rates now start from 4.84% for standard homes and 4.94% for small HMOs and MUFBs.
Over a two-year period, rates of 75% LTV for both standard and small homes Healthcare organizations and MUFBs have also been reduced by 5 basis points, with interest rates starting from 3.29% and 3.39% respectively.
The lender continues to offer free valuations and no application fees for its limited buy-to-let offering, including HMOs and MUFBs, with loans available to individual and limited liability landlords up to 80% LTV.
Becki Fraser-Tucker, head of sales at ModaMortgages, said: “We’re always looking at where we can tighten our range and give agents more options for listing, so it’s great to be able to roll out these latest discounts on some really important products.
“By exceeding our two- and five-year terms, especially at 75% LTV, agents have even more flexibility in finding the right solution for their landlords. And because our limited-edition products continue to offer free appraisals and no application fees, there is real value right away.”
Accord Mortgages will reduce interest rates on its residential offering for new business products next week, and will also reduce the minimum loan size for lower LTV products.
Effective July 6, 2026 at 8 a.m., the range renewal will include reductions in two-year fixes by up to 30 basis points, with three-year rates reduced by as much as 29 basis points.
For borrowers looking for longer-term stability with a five-year term, options include products with interest rates that can be reduced by up to 21 basis points.
Accord is also reducing the minimum loan size requirements for selected products to a 75% LTV from £50,000 to £30,000.
It has also relaunched a range of products with a 65% LTV with rates from 4.47%, and an 80% LTV with rates from 4.54%.
Accord Mortgages director Jeremy Duncombe said: “We’re so pleased to be able to reduce rates on a wide range of product options, including our innovative 5K Deposit Mortgage, which has been specifically designed to give borrowers with a deposit of as little as £5,000 the chance to realize their homeownership dreams. We’re also offering more flexibility and choice for those with smaller borrowing needs by reducing our minimum loan size.”