Molo Finance has introduced a 0.15% reduction on its houses in multiple occupation (HMO) and multi-unit freehold block (MUFB) buy-to-let mortgage rates.
This rate cut, effective immediately, aims to improve affordability for landlords in the specialist buy-to-let sector.
The lender’s 2-year fixed rates for HMO and MUFB products now start at 3.23%, while 5-year fixed rates start from 4.83%.
Notably, there is also no premium for larger HMO or MUFBs with six or more rooms/units, ensuring consistent pricing for investors scaling their portfolios.
Other specialist buy-to-let products, including investor-led, holiday-lets and new-build properties, remain unchanged, with rates from 3.48%.
Martin Sims (pictured), Molo’s distribution director, said: “Specialist landlords play a pivotal role in the rental market, and they demand competitive finance solutions.
“By reducing HMO and MUFB rates, we are helping intermediaries reduce costs, scale faster, and secure long-term growth for their clients, in this evolving market.”
