Digital mortgage lending platform, Molo Finance has announced rate reductions of up to 14 basis points on its UK resident five-year fixed buy-to-let products. The changes take effect immediately.
For standard BTL products, five-year fixed rates now start at 4.81% for individual and limited companies, with borrowing available up to 75% loan-to-value. Specialist BTL products including options for houses of multiple occupation, multi-unit freehold blocks, holiday lets, and new-build properties, start at 4.95%, catering to more complex property types.
Rates on two-year fixed products remain unchanged, starting at 3.34% for standard BTL offerings and 3.53% for specialist options. These products continue to provide competitive short-term solutions for landlords
Molo’s Distribution Director, Martin Sims, said: “We’re delighted to announce rate reductions across our UK resident five-year fixed-rate for both standard and specialist buy-to-let products. This move underscores our commitment to delivering competitive and flexible solutions to our intermediary partners and their clients.”
