Two-year fixed rates now start from 2.68% and five-year fixed rates start from 4.34%.
Rates for specialist BTL mortgages remain the same and start from 2.89%. This includes houses in multiple occupation (HMOs), multi-unit freehold blocks (MUFBs), holiday lets and new-build mortgages.
Pricing changes impact the firm’s UK resident mortgage range only. Non-UK resident and expat pricing remains the same following cuts to rates in June.
Martin Sims, Molo’s distribution director, said: “Reducing our standard buy-to-let rates, again, is all about maintaining sharp affordable options to brokers in a time when rate competitiveness appears paramount to their landlord investor clients.
“Against a backdrop of ever-increasing costs and continued volatility in the swap market, our most recent changes assist UK-based landlords to invest with greater confidence when planning for the long term”.
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Last month, the firm announced cuts to its two- and five-year fixes for BTL mortgages.
