Molo Finance has made reductions across its UK resident buy-to-let (BTL) fixed-rate products by up to 0.33%.
Molo’s BTL rates start from 4.72% for a 2-year fixed rate for both individual and limited companies up to 75% loan-to-value (LTV), while the 5-year fixed rates commence at 5.21% for the standard product range.
Specialist product rates start 0.10% higher from 4.82% for a 2-year fixed term and 5.31% for a 5-year fixed, serving houses in multiple occupation (HMOs) and multi-unit freehold blocks (MUFBs), as well as holiday lets and new-build properties.
80% LTV products across both the standard and specialist range have a 0.10% rate premium applied.
Mark Michaelides, chief commercial officer at Molo, said: “Following our successful debut securitisation earlier this month, we are delighted to announce rate reductions across our UK resident BTL fixed-rate proposition, providing landlords with different fee options to suit their financing needs across a range of flexible products.”
