Specialist lenders Molo Finance and Hinckley and Rugby for Intermediaries (H&R) have refreshed their BTL product ranges.
Molo Finance
Digital mortgage provider Molo has launched non-resident BTL products to unlock investment opportunities for borrowers.
The range offers lending solutions to non-resident buyers of UK property in over 60 countries, including those based in China, Hong Kong, and Singapore, with no requirement for a UK bank account.
It includes five-year tracker rates from 6.99% and two- and five-year fixed-rate products from 7.99%, up to 75% LTV.
Molo has also released a five-year switch product — allowing customers to transition from fixed to tracker rates — capitalising on potential Bank of England rate reductions.
Lending is available for first-time buyers and first-time landlords for capital, interest, and interest-only mortgages, catering to individuals and limited companies across a range of specialist products.
Francesca Carlesi, CEO and co-founder of Molo, said: “The UK property market continues to remain an appealing investment choice for global investors.
“Molo is delighted to be able to provide non-residents with access to competitive and flexible financing options through our innovative product range.
“The introduction of our new non-resident BTL product is a testament to our dedication to expanding possibilities and providing a seamless mortgage experience for all.”
Hinckley and Rugby for Intermediaries
H&R has revealed new limited company BTL products with varied fee options to help existing and future landlords’ borrowing potential.
This includes two five-year fixed rates — until 29th December 2028 — up to 70% LTV, at 5.31% and 5.95%.
The lender has also withdrawn its five-year fixed rate at 6.09% up to 70% LTV.
