Specialist buy-to-let lender, Molo, has reduced rates across its UK resident buy-to-let range, with reductions of up to 5bps on standard products and up to 10bps across HMO and MUFB offerings.
Molo’s UK-resident buy-to-let rates now start from 3.05% for a two-year fix at 75% LTV, available to both individual and limited company borrowers. Five-year fixed rates start from 4.75%.
Across the specialist range, HMO and MUFB pricing has also been reduced, with two-year fixes from 3.16% and five-year fixes from 4.84%. There remains no premium for larger properties (6+ rooms/units).
Rates for non-UK residents and expat borrowers remain unchanged, with rates starting from 4.78% and 4.58% retrospectively.
The latest rate reductions follow the launch of Molo's semi-commercial range last month.
Molo’s distribution director, Martin Sims, commented: “As market conditions continue to shift, maintaining competitive pricing is key. These latest reductions ensure we remain well-positioned to support brokers and their landlord clients across a broad spectrum of buy-to-let needs, from straightforward cases to more complex property types.”
