In the lender’s low fee range, landlords can choose one-year and five-year fixed rates at 7.09%, and two-year fixed rates at 6.99%. Fees range from 0.5% to 2.50% of the loan amount on LTVs of between 60% to 85% LTV.
Landlords opting for the lower rate range can choose a one-year fixed rate at 5.84%, a two-year fixed rate at 6.36%, and a five-year fixed rate at 6.84%. Product fees are higher when coupled with a lower rate, ranging from 1.75% to 3.75% between 60% and 85% LTV.
Tracker deals are available on both ranges.
Rates are available to residents from over 140 countries, including China, Malaysia, Singapore, Vietnam, the European Union, and the United States.
The same annual percentage rate of charge is applicable to both options which are available to both individual and limited company borrowers.
Expat and UK resident pricing remains the same.
The lender’s launch follows several rounds of BTL rate cuts this summer.
Molo’s distribution director Martin Sims said: “We’re committed to supporting landlords with flexible, competitive solutions. By offering both low fee and low rate options across our non-UK resident buy-to-let range, brokers can now offer greater value to their clients, especially in a climate where affordability and choice are more important than ever.”
