Molo has reduced rates on its UK resident buy-to-let mortgage products by up to 20 basis points.

Two-year fixed rates for standard buy-to-let products now start at 2.83%, while five-year fixed rates begin from 4.54%, available to both individuals and limited company borrowers.

Rates for specialist buy-to-let products remain unchanged, including HMO and MUFB mortgages, which start at 3.23%, with no premium for larger properties (6+ rooms/units). Meanwhile, rates for new build, investor led and holiday let products start at 3.38%.

Pricing for non-UK residents and expat borrowers remains steady, at 5.99% and 5.24%, respectively.

“As the market shifts, brokers need lenders who act quickly and stay focused on affordability”, said Martin Sims, Molo’s distribution director. “At Molo, we’re doing just that – offering consistently competitive pricing and helping brokers find solutions that work for their clients today and in the long term.”