Molo has reduced rates across its UK resident, non-UK resident and expat buy-to-let mortgage ranges.

The specialist mortgage lender said UK resident buy-to-let rates now start from 2.98% on a two-year fixed product at 55% loan-to-value, available to both individual and limited company borrowers.

Five-year fixed rates for UK resident landlords now start from 4.73%.

Molo has also reduced pricing across its specialist buy-to-let range, which includes HMOs, multi-unit freehold blocks, new-builds and holiday lets.

Two-year fixed rates in the specialist range now begin at 3.14%, while five-year fixes start from 4.89%.

The lender said there is no rate premium for larger properties, including HMOs with five or more rooms or units.

Pricing for non-UK resident and expat borrowers has also been reduced, with rates now starting from 4.78%.

Molo said the repricing was intended to support brokers placing both standard and more complex landlord cases, including for UK-based borrowers, overseas investors and expats.

Martin Sims, distribution director at Molo, said: “In the current market, competitive pricing remains central to helping brokers deliver workable buy-to-let solutions.

“These reductions strengthen our proposition across both Standard and Specialist ranges, giving brokers more scope to deliver solutions that work on affordability and long-term yield for UK, overseas and expat landlord clients.”