Molo cuts buy-to-let and semi-commercial rates by up to 0.30%

Molo has reduced pricing across its UK resident buy-to-let and semi-commercial ranges by up to 30 basis points.

Molo’s standard UK resident buy-to-let rates have been reduced by 0.10%, with two-year fixed rates now starting from 2.95% at 75% LTV and five-year fixes from 4.65%.

Across its specialist range, including portfolio landlords, investor-led and holiday lets, rates have been cut by 0.15%. Two-year fixed rates now start from 3.01%, with five-year options from 4.69%. Products are available to both individual and limited company borrowers, with no additional pricing applied to larger properties of six or more rooms or units.

Molo has also strengthened its semi-commercial proposition, with the introduction of a new two-year fixed rate starting from 5.65% at 75% LTV. In addition, five-year fixed rates have been reduced by up to 30bps to start from 6.25%, alongside reductions in product fees. Combined, this lowers the overall cost of borrowing across the semi-commercial range by up to 50bps.

Rates for non-UK resident and expat borrowers remain unchanged, with pricing starting from 4.78% and 4.58% respectively.

Molo’s distribution director, Martin Sims, commented: “We made these reductions as the market continues to shift and brokers demand that lenders keep pace. Swap rate movements and sustained competition require meaningful reductions. 

"We are seeing continued strength in landlord demand, particularly from portfolio landlords looking to remortgage, restructure and capitalise on emerging opportunities. At the same time, semi-commercial is gaining momentum as investors look to diversify their income streams. By lowering rates and overall borrowing costs, we are focused on giving brokers more flexibility and helping them place business effectively in what remains a highly unpredictable market.”