Molo lowers buy-to-let mortgage rates for UK residents
New rates include two-year fixes from 4.55% and five-year fixes from 5.06%.
"After last week's encouraging inflation news, we are now able to realign our UK resident buy-to-let fixed rates."
- Molo’s distribution director, Martin Sims
Molo Finance has reduced rates across its UK resident buy-to-let fixed rate products.
Molo’s buy-to-let rates now start from 4.55% for a two-year fixed rate for both individual and limited companies up to 75% LTV, equating to a 17bps reduction.
Five-year fixed rates for the standard range begin at 5.06%, a 15bps reduction.
Product rates for HMOs, MUFBs, new build and investor-led properties now start from 4.65% for a two-year fixed product and 5.16% for a five-year fixed product.
Molo’s distribution director, Martin Sims, commented: “After last week's encouraging inflation news, we are now able to realign our UK resident buy-to-let 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.”
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