Molo Finance has announced a 15 basis-point reduction on its Houses in Multiple Occupation (HMO) and Multi-Unit Freehold Block (MUFB) buy-to-let mortgage rates.

Two-year fixed rates for HMO and MUFB products now start at 3.23%, while five-year fixed rates start from 4.83%.

There is no premium for larger HMO or MUFBs with six or more rooms/units.

Other specialist buy-to-let products, including investor-led, holiday-lets and new-build properties, remain unchanged, with rates from 3.48%.

Standard buy-to-let rates for UK residents begin at 3.13% for both individuals and limited companies. Rates for non-UK residents start from 5.99%, while expat rates start from 5.24%.

Martin Sims, Molo’s distribution director, said: “Specialist landlords play a pivotal role in the rental market, and they demand competitive finance solutions.

“By reducing HMO and MUFB rates, we are helping intermediaries reduce costs, scale faster, and secure long-term growth for their clients, in this evolving market.”