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MT Finance

023 8045 6999

023 8045 6999

ModaMortgages

Moda Mortgages

About Us

Documents
Moda Mortgages
Proc Fees
Product Gross Fee paid by lender Net fee paid to regulated broker Net Fee paid to non-regulated & client referral service
Buy to Let 0.85% 0.45% (0.225% for a referral)
We’re a new specialist mortgage lender making buy to let smarter, faster and simpler
for brokers and landlords.
All our processes are designed to help you, and we’re 100% dedicated to the intermediary market. This starts with our willingness to lend.

Our personalised application process is stripped back to the essentials, offering speed of service, saving time for everyone.

With clear criteria up front and a 100% online application, we consistently offer quick processing, backed by a dedicated, straight-talking support team. That means you can always stay on top of cases and keep your clients up-to-speed too.

Buy to Let

Landlords who want to realise greater value from their investment, refinance existing borrowing or raise capital. Lending is available for any legal purpose, including:

  • Holiday lets
  • Multiple properties on a single title
  • Student lets – including purpose built
  • Portfolio loans
  • Property refurbishment

Self-employed

Entrepreneurs who want to raise capital on their residential property to use for business investment. Funds can be used for

  • Purchasing a business
  • Investing in business growth
  • Purchasing premises
  • Buying into a partnership
  • Tax bills

High Net Worth

Applicants who meet the high net worth test* as defined by the Financial Conduct Authority (FCA) and are looking to release capital from their home. Lending is available for any legal purpose, including:

  • Property investment
  • Building work
  • Bridging refinance
  • Gifted equity – Bank of Mum & Dad
  • Tax planning

*The FCA definition of high net worth is a customer with an annual net income of no less than £300,000 or net assets of no less than £3,000,000. Subject to compliance with regulatory requirements. Please note that an APRC is generated as part of the application process.

USP’s

  • 80% LTV ON REFURB BRIDGES
  • FIRST TIME LANDLORDS
  • FIRST TIME HMO
  • FIRST TIME HOLIDAY LET
  • MUB’S ON ONE TITLE
  • LARGE PORTFOLIOS
  • NO MINIMUM INCOME
  • NO MAX AGE
  • WILL USE HOLIDAY LET INCOME, NOT AST, FOR HOLIDAY LET DEALS

Please note

Our phone lines will be closed on Thursday 1st May until 10.30am for staff training.

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