Molo Finance have just announced some updates to their buy-to-let mortgages.
Molo, a leading name in the buy-to-let mortgage game, are offering lower interest rates and new product fee tiers. This means more choice for you and a better chance of bagging a deal that fits your budget like a glove.
Lower Rates to Make Your Bank Balance Smile
One of the most exciting changes is the introduction of a super competitive 2.99% two-year fixed rate. You can lock in that rate for two whole years, giving you peace of mind and predictable repayments. This rate is available for both individual landlords and limited companies, at a respectable 75% loan-to-value (LTV).
More Options for Every Landlord
Molo haven’t forgotten about landlords with more specialist needs either. They’ve slashed rates across their specialist products too. So, whether you’re a seasoned pro with a portfolio of HMOs or just starting out with a holiday let, Molo’s got you covered.
Specialist Products with Reduced Rates Now Include:
- Multi-Unit Freehold Blocks (MUFBs)
- Houses of Multiple Occupation (HMOs)
- Holiday Lets
- New Build Properties
A Word from Molo
Martin Sims, Molo’s Distribution Director, chimed in on these exciting changes: “In response to ongoing shifts in the mortgage market, we’re pleased to offer reduced rates on our two-year fixed range, starting from 2.99%.”
He added, “We anticipate this will help brokers deliver even greater value to their clients looking for shorter-term fixed options in the face of a reducing rate environment.”