Molo Lowers Buy-to-Let Mortgage Rates

It’s good news for landlords looking to expand their property portfolios or just get a better deal on their existing mortgages. Molo Finance has just announced cuts to their buy-to-let (BTL) mortgage rates, making it a more attractive option for landlords of all kinds.

Lower Rates for Everyone

The new rates apply to a wide range of landlords, including those who are just starting out, those who want to expand their portfolio, and those who are looking to refinance existing mortgages.

Here’s a breakdown of the new rates:

UK Residents:
- 2-Year Fixed: Starting at 4.15% for individual and limited company borrowers at 75% LTV.
- 5-Year Fixed: Starting at 4.79% for individual and limited company borrowers at 75% LTV.
Specialist Property Products:
- 2-Year Fixed: Starting at 4.30% for portfolio landlords, HMOs, MUFBs, holiday lets, and new-build properties.
- 5-Year Fixed: Starting at 4.94% for portfolio landlords, HMOs, MUFBs, holiday lets, and new-build properties.
Expats:
- 2-Year Fixed: Starting at 5.94% for capital and interest mortgages.
- 5-Year Fixed: Starting at 5.94% for capital and interest mortgages.
Non-UK Residents:
- 5-Year Fixed: Starting at 7.54% for capital and interest mortgages.

What This Means for You

These rate cuts mean you can potentially secure a cheaper mortgage, saving you money on your monthly payments. This could be a big boost to your profits, especially if you’re looking to expand your property portfolio.

More Than Just Lower Rates

Molo also offers a range of other features that can benefit landlords, including:

Flexible repayment options: You can choose a repayment plan that suits your needs.
Fast turnaround times: You can get your mortgage approved quickly, so you can get your new property up and running.
Experienced team: Molo has a team of experienced mortgage advisors who can help you find the right mortgage for your needs.

Act Fast!

These rates are subject to change, so don’t delay. Get in touch with a broker or Molo directly to learn more about these great new rates and see how you can benefit from them.