Molo Finance has cut rates across its BTL rates, with products now available from 2.99%.
Molo’s two-year fixed rate mortgages are now available from 2.99%, with 4.49% for five year-fixed rate mortgages. The LTV on these is available from 75%.
With specialist products, rates start from 4.14% and 4.59% for two-year and five-year fixed rate products. These include MUFBs, HMO, holiday lets and new build properties.
“In response to ongoing shifts in the mortgage market, we’re pleased to offer reduced rates on our two-year fixed range, starting from 2.99%,” said Martin Sims, distribution director at Molo.
“We anticipate this will help brokers deliver even greater value to their clients looking for shorter-term fixed options in the face of a reducing rate environment.
“These changes reflect continued commitment to our intermediary partners and in support of them offering the most competitive solutions to property investors.”