Molo has reduced its standard buy-to-let fixed rates for UK resident landlords.

The changes mean two-year fixed rates on standard buy-to-let products now start at 2.68%, while five-year fixes begin at 4.34%. The updated pricing applies to both individual borrowers and limited companies.

Rates for specialist products remain unchanged. Molo continues to offer specialist buy-to-let mortgages, including for houses in multiple occupation, multi-unit freehold blocks and holiday lets, from 2.89%, with no additional fees for larger properties.

Pricing for non-UK residents starts from 5.69%, while expat products begin at 4.75%, with lending available up to 85% loan-to-value.

Martin Sims (pictured), distribution director at Molo, said: “Reducing our standard buy-to-let rates, again, is all about maintaining sharp affordable options to brokers in a time when rate competitiveness appears paramount to their landlord investor clients.

“Against a backdrop of ever-increasing costs and continued volatility in the swap market, our most recent changes assist UK-based landlords to invest with greater confidence when planning for the long term.”