Digital buy-to-let lender Molo has trimmed rates on all fixed rate products by 0.5 per cent.
The change means five-year fixed rates start at 6.19 per cent for individuals and 6.49 per cent for limited companies.
The lender has also tempered the impact of last week’s Bank of England rate hike by reducing its margin on tracker and variable rates by 0.15 per cent. As a result, individual rates start at 4.99 per cent and limited company at 5.29 per cent.
Molo has recently added investor led, holiday let and new builds to its buy-to-let range and brought back houses in multiple occupation (HMO) and portfolio landlord products.
Halifax
At the same time, Halifax has added products to its homebuyer range including first-time buyer, new build and affordable housing.
The lender has also reduced the rate on its two-year remortgage with £999 fee by 0.24 points to 5.78 per cent at 60 per cent loan to value.
