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EN
Molo adds low fee deals for non-UK resident BTL mortgages
['Samantha Partington']
News
Molo has introduced a pricing structure for its non-UK resident buy-to-let (BTL) mortgage range offering landlords either a lower rate or a lower product fee up to 85% loan to value (LTV).
In the lender’s low fee range, landlords can choose one-year and five-year fixed rates at 7.09%, and two-year fixed rates at 6.99%.
Landlords opting for the lower rate range can choose a one-year fixed rate at 5.84%, a two-year fixed rate at 6.36%, and a five-year fixed rate at 6.84%.
Product fees are higher when coupled with a lower rate, ranging from 1.75% to 3.75% between 60% and 85% LTV.
By offering both low fee and low rate options across our non-UK resident buy-to-let range, brokers can now offer greater value to their clients, especially in a climate where affordability and choice are more important than ever.”
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