Molo Finance has announced rate reductions of up to 14 basis points on its UK resident five-year fixed buy-to-let (BTL) products. The changes take effect immediately.
For standard BTL products, five-year fixed rates now start at 4.81% for individual and limited companies, with borrowing available up to 75% loan-to-value (LTV).
Specialist BTL products including options for houses of multiple occupation (HMO), multi-unit freehold blocks (MUFBs), holiday lets, and new-build properties, start at 4.95%, catering to more complex property types.
Rates on two-year fixed products remain unchanged, starting at 3.34% for standard BTL offerings and 3.53% for specialist options. These products continue to provide competitive short-term solutions for landlords
Meanwhile Keystone Property Finance has cut rates across its entire product set by 10 basis points.
The reductions apply to the specialist buy-to-let lender’s entire suite of products, including its standard, specialist, ex-pat, holiday let and product transfer ranges.
Following their reprice, the lender’s rates now start at: standard: 3.44% up to 70% LTV;
Specialist: 3.49% up to 70% LTV; Ex-pat: 4.79% up to 65% LTV; Holiday Lets: 4.94% up to 65% LTV; Product transfer and Product Transfer Plus: 4.89% up to 65% LTV; and Switch & Fix: 5.79% up to 65% LTV.