news | 2 weeks ago | Andreea Dulgheru

Molo lowers pricing for select BTL products by up to 33 bps

Molo has reduced pricing across its UK resident BTL fixed-rate products by up to 33 bps.

The lender’s BTL options for individual and limited companies at up to 75% LTV now start from 4.72% for two-year fixes and 5.21% for five-year fixes.

Meanwhile, the firm’s specialist product rates — available for HMO/MUFBs, holiday lets and new-build properties — now start from 4.82% for a two-year fixed term and 5.31% for a five-year fix.

The lender also offers 80% LTV options across both standard and specialist ranges, which are 10 bps higher than the 75% LTV suites.

Mark Michaelides, chief commercial officer at Molo, said: “Following our successful debut securitisation earlier this month, we are delighted to announce rate reductions across our UK resident BTL fixed-rate proposition, providing landlords with different fee options to suit their financing needs across a range of flexible products.”

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