Buckinghamshire Building Society has reduced rates by up to 40 basis points across its limited company buy-to-let (BTL) and holiday let range, with pricing now starting from 5.79%. The largest reduction is the society’s five-year fixed limited company BTL rate, which has been cut from 6.39% to 5.99%.

ModaMortgages has expanded its BTL range by launching eight new limited-edition products, as well as reducing rates by up to 15 basis points on four existing products. The specialist lender revealed that the launch includes the introduction of four new products to its single dwelling range, including two new two-year fixed rates up to 75% LTV with rates from 5.09%, a two-year fixed rate up to 80% LTV at 6.29%, and a five-year fixed rate up to 80% LTV at 6.39%.

Hampshire Trust Bank has completed a £6.5m facility to refinance a multi-unit freehold block (MUFB). The client was an experienced portfolio landlord and the property had a valuation of £8.75m. Introduced by Empire Global, the transaction for the 63-unit asset completed 36 hours after the formal mortgage offer was issued.

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