Online buy-to-let lender Molo Finance has cut rates across its two and five-year mortgage products for individual and limited company mortgages.
Its new individual loans include:
- A two-year fixed rate at 2.24%, with a 65% LTV.
- A two-year fixed rate at 2.39%, with a 75% LTV.
- A five-year fixed rate at 2.29%, with a 65% LTV.
- And a five-year fixed rate at 2.44%, with a 75% LTV.
- Its new limited company loans include:A two-year fixed rate at 2.90% with a 65% LTV.
- A two-year fixed rate at 2.95%, with a 75% LTV.
A five-year fixed rate at 3.10%, with a 65% LTV.
And a five-year fixed rate at 3.15%, with a 75% LTV.
Molo Finance chief executive Francesca Carlesi says: “The mortgage market has never been so competitive.
“Lowering our prices gives landlords excellent options, whether they’re purchasing a property as an individual or a limited company.
“Our new rates, combined with an entirely digital approach for getting a mortgage, give investors more flexibility and allow them to go through the borrowing process at speed while saving money with Molo.”
