Molo Finance has reduced rates across its UK resident 2-year and 5-year fixed buy-to-let (BTL) rates by 0.12%.
The lender’s 2-year fixed rates for standard buy-to-let products start at 3.13% for individual and limited company borrowers.
For specialist buy-to-let products, including houses in multiple occupation (HMO), multi-unit freehold blocks (MUFBs), investor-led and new-build properties, rates now start at 3.38%.
Rates for non-UK residents remain unchanged, starting from 5.99%, while expat rates start from 5.24%.
Martin Sims (pictured), Molo’s distribution director, said: “We appreciate how important it is for brokers to access competitive and stable financing for their clients.
“This latest rate reduction reinforces our commitment to remain competitive and demonstrates a prompt response to the improving market conditions.”
