The Right Mortgage & Protection Network has added specialist buy-to-let (BTL) lender, ModaMortgages, to its panel.

The lender offers a range of BTL mortgage products to new and existing landlords with both large and small portfolios.

It also lends to limited companies, first-time landlords, individuals and more specialist properties, such as HMOs and MUFBs.

ModaMortgages, which was launched earlier this year by Chetwood Bank, distributes exclusively via the intermediary sector, offering both two and five-year fixed-rate products, with different fee options.

The addition of ModaMortgages comes after The Right Mortgage recently launched a new accreditation scheme for advisers who offer advice services in the BTL mortgage space.

Head of lending at The Right Mortgage, Victoria Clark, said: "The BTL sector is a core product area for us and our AR firms, so it’s important that we work with a wide variety of lenders in order to broaden the product offering available to members and their advisers.

"We are keen to promote improved standards in this space, hence our recent accreditation scheme launch, and we are particularly pleased to be working with both ModaMortgages and Chetwood Bank in order to develop these standards and to support the BTL advice propositions of our members. We’re looking forward to sharing the ModaMortgages’ product and criteria offering with our firms and ensuring they secure positive outcomes for their landlord clients."

Director of sales and distribution at ModaMortgages, Darrell Walker, added: "We’re excited to be able to expand ModaMortgages’ proposition to The Right Mortgage & Protection’s network of AR firms. The partnership will allow its advisers to access our full range of BTL products which have been designed to make BTL borrowing smarter, faster and simpler for brokers and their landlord clients."

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