Molo has overhauled its non-UK resident buy-to-let range with the launch of new “low-fee” and “low-rate” options, giving overseas landlords greater flexibility on cost.

The revised products, available immediately, apply to fixed and tracker deals up to 85% loan-to-value. Borrowers can now choose between minimising upfront fees or lowering their monthly interest costs, with both options offering the same APRC.

LOW-FEE AND LOW-RATE STRUCTURE

Under the new structure, one-year and five-year fixed low-fee products are priced at 7.09%, while the two-year fixed low-fee option is 6.99%. A two-year tracker sits at 7.05%, with a five-year tracker at 6.99%.

For landlords prioritising lower interest charges, the low-rate one-year fixed starts at 5.84%, the two-year fixed at 6.36%, and the five-year fixed at 6.84%. Tracker alternatives are set at 6.41% over two years and 6.74% over five.

The products remain available to both individual and limited company borrowers and cover a broad range of property types including new-builds, holiday lets, houses in multiple occupation and multi-unit freehold blocks.

RATES UNCHANGED

The pricing changes apply solely to non-UK resident mortgages. Rates for UK residents remain unchanged, starting from 2.68%, while expat buy-to-let products continue to begin at 4.75%.

Molo said the range is available to residents of more than 140 countries, including China, Malaysia, Singapore, Vietnam, the EU and the United States.

Martin Sims, distribution director at Molo, said: “We’re committed to supporting landlords with flexible, competitive solutions. By offering both low-fee and low-rate options across our non-UK resident buy-to-let range, brokers can now offer greater value to their clients, especially in a climate where affordability and choice are more important than ever.”