Its five-year fixed rates for UK residents now start at 4.44%, while the two-year fixed rate remains at 2.83%. Meanwhile, rates on its two- and five-year fixed house in multiple occupation (HMO) and multi-unit freehold block (MUFB) properties now begin at 3.03%.
Molo has introduced a regional pricing structure for its expat BTL range, with region 1 covering more than 70 countries including China, Philippines, Columbia, Mexico, Barbados and Eastern Europe. Borrowers from these countries will see fixed rates start at 6.39% for two- and five-year products. The one-year fixed rate is unchanged at 5.24%.
Region 2 includes the US, European Union, Turkey, Hong Kong, Singapore, and the UAE. Products for borrowers in these countries have tailored low-fee and low-rate options, with pricing starting at 4.75%, subject to product type and loan-to-value (LTV) tier.
All fixed rate products are still available to individual and limited company landlords, up to 85% LTV. This includes standard BTL, new builds, holiday lets, HMOs and MUFBs.
Martin Sims, distribution director at Molo, said: “These updates reinforce our ongoing commitment to supporting landlords worldwide with competitive, accessible solutions. From standard BTL to complex specialist cases, we are helping brokers and customers find the right fit, no matter where they are based.”
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Last month, the lender cut pricing for non-resident borrowers.
Principality BS lowers pricing
Principality Building Society has reduced mortgage rates across its residential, BTL and holiday let products.
Across select residential mortgage rates, the fee-free two-year fix at 65% LTV will be reduced by 0.04%, the three-year fix by 0.06, and the five-year fixes by as much as 0.07%.
The mutual has also lowered rates up to 90% LTV by as much as 0.25% for selected residential mortgages with no fee and options with cashback.
Some joint borrower sole proprietor (JBSP) mortgages have been reduced by up to 0.2%, while holiday let rates have been cut by up to 0.1%.
Further, the two-year fixed BTL product at 60% LTV with a £2,499 fee has been cut by 0.05%.
