Buy-to-let specialist lender Molo has repriced its range, including cuts to its tracker products and standardising its variable rates.
In a broker note sent last week, Molo said that it would withdraw its existing product range at midnight last Friday, with a repriced range available from today.
The lender’s individual and limited company standard buy-to-let deals at 65 per cent loan to value (LTV) start at 7.19 per cent for a two-year fixed rate.
In its multi-unit freehold block, houses in multiple occupation, holiday let, new build and investor-led range, rates start from 7.39 per cent at 65 per cent LTV for a two-year fixed rate.
Molo said that it would cut two-year tracker products by one per cent and all variable rates would be standardised at the base rate of 5 per cent plus 2.49 per cent.
The lender added that it would increase its tracker and variable products fees to three per cent.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
