Molo has reduced rates on its UK resident buy-to-let mortgage products by up to 0.20%.
Two-year fixed rates for standard buy-to-let products now start at 2.83%, while five-year fixed rates begin from 4.54%, available to both individuals and limited company borrowers.
Rates for specialist buy-to-let products remain unchanged, including HMO and MUFB mortgages, which start at 3.23%, with no premium for larger properties (6+ rooms/units). Meanwhile, rates for new build, investor-led and holiday let products start at 3.38%.
Pricing for non-UK residents and expat borrowers remains steady, at 5.99% and 5.24%, respectively.
Molo’s distribution director, Martin Sims, commented: “As the market shifts, brokers need lenders who act quickly and stay focused on affordability. At Molo, we’re doing just that – offering consistently competitive pricing and helping brokers find solutions that work for their clients today and in the long term.”
