Melton Building Society has reduced rates across its entire credit repair product range.

The society has made reductions up to 0.36% on products across the range. Products are offered at up to 70% loan-to-value (LTV) and fixed for two years, subject to a £199 app fee, with completion fees varying across the range.

The society has also revised its buy-to-let (BTL) product range.

This includes a 75% LTV, holiday BTL, five-year fixed at 5.35%, down from 5.55%. This comes with a £199 application fee and £999 completion.

In addition, there’s a 75% LTV family BTL, two-year fixed at 5.05%. This comes with an application fee of £199 and a completion fee of £1,499.

Melton Building Society head of product and marketing Jamie Hyland says: “Having already introduced a number of changes so far this year, we’re delighted to continue with the developments to our mortgage product range.”

Meanwhile, ModaMortgages has made rate cuts of up to 10 basis points across its range of BTL mortgages.

The reduction means the lender’s recently launched products now feature two-year fixed rates starting from 3.49%, with five-year fixed rates starting from 4.94%.

ModaMortgages’ products suit a variety of landlords, including individuals, limited companies, those with small or large portfolios, first-time buyers and first-time landlords.

Borrowers can choose from a number of fee options, with LTVs up to 75%.

ModaMortgages director of sales and distribution Darrell Walker comments: “These reduced rates give brokers even more choice and, when combined with our registration prize draw, offer them perfect reason to give us a try and discover why we’re the home of smarter, faster and simpler buy to let borrowing.”