Specialist lender Molo has reduced rates by 10 basis-points (bps) across its UK resident two-year and five-year buy-to-let range.

Effective immediately, two-year fixed rates for standard buy-to-let products now start at 2.85% at 75% LTV, while five-year fixed rates are available from 4.55%.

The reduced rates are available to both individuals and limited company landlords.

Pricing across its specialist product range, including HMOs, new builds and holiday lets, as well as its semi-commercial offering remains unchanged. Rates start from 3.01% and 5.65% retrospectively.

Rates for non-UK residents and expat borrowers are also unchanged, with pricing available from 4.63% and 4.43% retrospectively, up to 85% LTV.

Martin Sims, distribution director at Molo commented: “As market conditions continue to evolve, we remain committed to ensuring that our pricing remains competitive.

“These reductions keep our buy-to-let products attractive for landlord clients whilst maintaining the flexibility and specialist knowledge that brokers have come to demand of Molo.”