Molo has slashed rates across its UK residential BTL mortgage products by up to 49bps.
Two-year fixed rates now start from 2.74% and five-year fixed rates start from 4.39%, reflecting a 9bps reduction.
These pricing changes are available for both individuals and limited company borrowers, and impact the UK resident mortgage range only.
Non-UK resident and expat pricing remains the same, with rates starting from 5.69% and 5.24%, respectively, up to 85% LTV.
New build and holiday let pricing have been reduced by 49bps across both two-year and five-year products.
Molo’s distribution director, Martin Sims (pictured above), commented: “We are committed to providing intermediaries with product offerings that help landlords stay competitive and agile in today’s fast-moving market.
“By reducing rates and maintaining simplicity across our specialist products, we are giving brokers more flexibility and landlords greater access to sustainable, affordable solutions, whether they are investing in a single property or growing complex portfolio.”
