Molo Finance has introduced rate reductions of up to 0.14% on its UK resident 5-year fixed buy-to-let (BTL) products, effective immediately.
For standard buy-to-let products, 5-year fixed rates now start at 4.81% for individual and limited companies, with borrowing available up to 75% loan-to-value (LTV).
Specialist buy-to-let products including options for houses of multiple occupation (HMO), multi-unit freehold blocks (MUFBs), holiday lets, and new-build properties, start at 4.95%, catering to more complex property types.
Rates on Molo’s 2-year fixed products remain unchanged, starting at 3.34% for standard +buy-to-let offerings and 3.53% for specialist options.
Martin Sims (pictured), Molo’s distribution director, said: “We’re delighted to announce rate reductions across our UK resident 5-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.”
