ModaMortgages has launched a new range of limited edition 75% LTV single dwelling and HMO products. The eight products include single dwelling two- and five-year fixed rates at 3.24% and 4.69% respectively, with a choice of either a 3% or 5.5% product fee. Rates for its small HMO and MUFB products, which are suitable for properties with up to six bedrooms or units, feature two- and five-year fixes at 3.34% and 4.79% respectively, again with either a 3% or 5.5% product fee. The products are available to a variety of landlords, including individuals and limited companies, and ModaMortgages offers free valuations and no application fees.

Swansea Building Society has expanded the team in its head office. The appointments come after the society reached its fourth consecutive year of record-breaking results. Callum Curtis has been appointed as financial risk manager, while Conor Harrison and Daniel Clifford join as in mortgage administrator roles. Jaimee Walters has also joined the society as a manager’s assistant. The Swansea said that its recent growth has been driven by a continued focus on customer service, local decision-making and a branch-based model.

Nationwide has announced that it will increase the maximum LTV on new build houses to 95% LTV, including for first-time buyers. The society will offer up to six times income, with 95% LTV on new build houses being offered through its helping hand scheme. Furthermore, Nationwide has increased its maximum LTV on new build flats to 85% LTV, and mortgage offers on new builds have been extended to nine months, in order to provide more certainty and flexibility for borrowers.

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