Molo, the specialist mortgage lender serving both UK-based and overseas landlords, has announced a significant rate reduction across its UK resident buy-to-let mortgage range.

The repricing, which comes into effect immediately, sees reductions of up to 49 basis points on its core UK resident buy-to-let products. The lender’s two-year fixed rates now begin at 2.74%, while five-year fixes start from 4.39%. These rates are available to both individual and limited company landlords.

Molo has also adjusted pricing on its specialist buy-to-let products, which include new builds, houses in multiple occupation (HMOs) and multi-unit freehold blocks (MUFBs). These now carry a margin of just 15 basis points above standard rates, meaning two-year fixes for such property types start at 2.89%.

There are no additional charges for larger properties with six or more rooms or units.

Rates for non-UK residents and expatriate borrowers remain unchanged. Non-UK resident rates continue to start from 5.69%, while expat rates begin at 5.24%, both available up to 85% loan-to-value.

The changes are part of a broader strategy by Molo to simplify its offer and provide brokers and landlords with more accessible and flexible finance options. The lender’s full buy-to-let range covers standard properties, limited companies and specialist asset classes for both domestic and international borrowers.

Martin Sims, distribution director at Molo, said: “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.”