Molo Finance has made further reductions across its UK resident buy-to-let (BTL) fixed-rate products.
Molo’s BTL rates now start from 4.55% for a 2-year fixed rate for both individual and limited companies up to 75% loan-to-value (LTV), equating to a 0.17% reduction.
5-year fixed rates for the standard range begin at 5.06%, equating to a 0.15% reduction.
Product rates for houses in multiple occupation (HMOs), multi-unit freehold blocks (MUFBs), new-builds and investor-led properties now start from 4.65% for a 2-year fixed product and 5.16% for a 5-year fixed product.
Martin Sims, distribution director at Molo, said: “After last week’s encouraging inflation news, we are now able to realign our UK resident BTL fixed rates.
“This, we believe, will further assist our Intermediary partners when structuring their landlord clients Investment property finance and also secure enhanced future returns.”
