Molo Finance has announced reductions across its UK resident buy-to-let fixed-rate products by up to 33 basis points.
Molo’s buy-to-let rates start from 4.72% for a two-year fixed rate for both individual and limited companies up to 75% loan to value (LTV), while the five-year fixed rates commence at 5.21% for the standard product range.
Specialist product rates start at 0.10% higher from 4.82% for a two-year fixed term and 5.31% for a five-year fixed, serving Houses of Multiple Occupation (HMO) and Multi-Unit Freehold Blocks (MUFB), 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, Molo’s chief commercial officer, said: “Following our successful debut securitisation earlier this month, we are delighted to announce rate reductions across our UK resident buy-to-let fixed-rate proposition, providing landlords with different fee options to suit their financing needs across a range of flexible products.”