Molo relaunches buy-to-let range with new holiday let and new build offering

Fixed rates start from 6.69% at 65% LTV for individual buyers and 6.99% for limited companies.

Variable rates start from 4.39% at 65% LTV for individual buyers and 4.69% for limited companies.

Investor led, holiday let, and new builds are now also part of Molo’s buy-to-let offering, in addition to previous products like HMO and portfolio landlords being updated. Rates start from 4.69% on a two or five-year tracker and at 6.99% for a five-year fix.

All Molo products now comes with offset and redraw functionalities, allowing landlords to minimise the cost of their mortgage in the current environment.

Molo says more details about the offset and redraw functionality will be announced in the coming weeks.

CEO and co-founder of Molo, Francesca Carlesi, said: “I am pleased to let all our customers know that we are launching to market a brand new product range, designed for the new market conditions but also able to support a larger number of landlords to realise their investment in property.

"Especially in a volatile market like today, property remains one of the most stable and safe asset classes and we are excited about being able to support our customers in their property investment decisions going forward.”