Molo lowers pricing for select BTL products by up to 33 bps
By Andreea DulgheruMolo has reduced pricing across its UK resident BTL fixed-rate products by up to 33 bps.
Section: Opinion
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.”
Keywords: molo, btl, buy to let, btl finance, buy to let finance, buy to let mortgage, molo finance
Source: BTL Insider — https://btlinsider.co.uk/molo-lowers-pricing-for-select-btl-products-by-up-to-33-bps