Molo has introduced a new 'low-fee' and ‘low-rate’ pricing structure across its non-UK resident buy-to-let range available up to 85% LTV.
In its low-fee range, one and five-year fixed rates start from 7.09% and two-year fixes are available from 6.99%. A two-year tracker has launched at 7.05% and five-year tracker at 6.99%.
Its low rate offering includes a one-year fixed rate at 5.84%, two-year fix at 6.36%, and five-year fix at 6.84%, alongside two and five-year trackers at 6.41% and 6.74%.
All non-UK resident fixed and tracker products are now available as either low-fee or low-rate options, offering landlords the flexibility to choose a product that best suits their financial strategy, whether minimising upfront costs with a lower fee or reducing monthly repayments with a lower interest rate.
All products remain available to individuals and limited companies. Molo’s offering includes standard buy-to-let, new builds, holiday lets, HMOs and MUFBs.
Rates for UK residents remain unchanged, starting from 2.68%, while expat buy-to-let rates start from 4.75%.
Molo’s distribution director, Martin Sims, commented: “We’re committed to supporting landlords with flexible, competitive solutions. By offering both low-fee and low-rate options across our non-UK resident buy-to-let range, brokers can now offer greater value to their clients, especially in a climate where affordability and choice are more important than ever.”
