Modamortgages now accepts Day One Remortgages for Bridge Exit applications in its core and limited edition buy-to-let product ranges.
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The specialized lender now also accepts applications for capital increase in which the applicant has sufficient equity in an existing property.
Landlords can borrow between £ 25,000 and £ 2 million, with LTVs of a maximum of 80% available.
Earlier this month, Modamortgages increased the maximum LTV it offers to 80% and £ 0 and 3% product cost options added to the Limited Edition range.
The announcement is hot on the heels of the lender who increases its maximum LTV to 80% LTV, as well as adding £ 0 and 3% product cost options to the Limited Edition range.
Products are available for individual landlords, limited companies, people with small or large portfolios, first buyers and first landlords.
Modamortgages Group Sales Director Darrell Walker says: “This could be perfect for landlords who have purchased a property through a bridging loan to let it go and have improved or improved that the IT value has increased and is now looking for a different investment possession.”