Molo Finance has announced further reductions across its UK resident buy-to-let fixed-rate products.
Its buy-to-let rates now start from 4.55% for a two-year fixed rate for both individual and limited companies up to 75% loan to value (LTV), equating to a 17bps reduction.
Five-year fixed rates for the standard range begin at 5.06%, equating to a 15bps reduction.
Product rates for Houses of Multiple Occupation (HMO), Multi-Unit Freehold Blocks (MUFB), new build and investor-led properties now start from 4.65% for a two-year fixed product and 5.16% for a five-year fixed product.
Martin Sims, Molo’s distribution director, said: “After last week’s encouraging inflation news, we are now able to realign our UK resident buy-to-let fixed rates.
“This, we believe, will further assist our intermediary partners when structuring their landlord clients investment property finance and also secure enhanced future returns.”
