You may have seen that over the past few days many UK banks and lenders have removed hundreds of mortgage deals from the market due to the increased swap rates from the Bank of England.
At Molo, we continue to review our pricing structure to ensure customers receive the best service possible. For that reason, we will be making changes across our buy-to-let fixed rates.
Key Highlights:
New Rates effective from Friday 9th June
- Increases in rates across our Individual and Ltd company 65%,75%, and 80% LTV fixed-rates, with rates starting from 5.59%
- All Tracker and variable loans will remain the same at our current pricing
- Existing product range will be withdrawn midnight Thursday 8th June 2023. Full applications need submitting before close of business, 5pm.
Our full range will be available to view in our product guide from 9th June 2023.
Our commitment to customer service
At Molo, we are committed to providing you and your clients with first class standards of customer service. As a digital lender, our key focus is on the speed of service and staying competitive in this ever-changing and challenging market.
This, combined with our competitive rates, means there has never been a better time to use Molo Finance when placing your buy-to-let cases.
If you have any questions, please don’t hesitate to get in touch with us by email at brokersupport@molofinance.com