Molo launches new buy-to-let rates from 2.54%
Molo's two-year fixed rates have reduced by up to 0.14%.
Molo, the specialist mortgage lender for UK and overseas landlords, has announced a rate reduction of up to 0.14% on its UK resident buy-to-let two-year fixed rate products.
For standard buy-to-let products, two-year fixed rates now start at 2.54%, while five-year fixed rates begin from 4.34% - available for both individuals and limited company landlords.
Specialist product rates for HMO, MUFB, new builds and holiday lets remain unchanged, from 2.75%, with no premium for larger properties (6+ rooms/units). Rates for non-UK residents and expats remain from 5.84% and 4.75%, respectively.
Molo’s distribution director, Martin Sims, commented: “Brokers play a critical role in helping landlords secure the right financing. By reducing our rates, we are giving intermediaries stronger options and greater flexibility to support their clients - from first-time investors to seasoned portfolio landlords.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Iress
Iress expands mortgage and protection distribution through new Access FS platform
FCA
Advice firm employees plead guilty after defrauding clients of £2m
Inflation
Inflation rises to 3.5% as mortgage rates outlook shifts
Atom Bank
Try Mortgage Network adds Atom Bank to residential mortgage panel
This week's biggest stories:
Iress
Iress expands mortgage and protection distribution through new Access FS platform
FCA
Advice firm employees plead guilty after defrauding clients of £2m
Inflation
Inflation rises to 3.5% as mortgage rates outlook shifts
Atom Bank
Try Mortgage Network adds Atom Bank to residential mortgage panel
FCA
MPs call for investigation into FCA's treatment of whistleblowers
Mortgage Rates
Average five-year fixed rate mortgage hits 6%