Thursday, 7th September 2023: With the cost of living still high, many landlords are looking at ways to save on their buy-to-let mortgage. We are delighted to announce the launch of our new limited edition products on two-year and five-year fixed rates.
- Rates on the standard two-year fixed-rate product start from 5.45% across standard BTL products on 65% and 75% loan-to-value (LTV)
- Rates start from 5.55% across specialist and large HMO/MUFB products.
- Five-year fixed-rate mortgages start from 6.55% across standard BTL products and 6.55% across specialist and large HMO/MUFB products
We have also expanded our existing Portfolio buy-to-let (PBTL) criteria for experienced landlords seeking to diversify their property investment opportunities. Landlords who have a background portfolio of up to 50 mortgaged buy to lets, can now mortgage or remortgage with Molo.
Francesca Carlesi, CEO and Co-Founder at Molo, says:
“At Molo, our aim is to provide competitive rates for a wide range of landlords interested in all types of property investments, from individual investors to portfolio owners and beyond. We also continue to monitor our product range in light of the changing economic environment to see where we can give customers better value for their money.
We’re excited to bring our new limited edition product to market, which offers better investment choices and options, both for first-time landlords and experienced portfolio investors with up to 50 mortgaged buy-to-let properties.”