Specialist mortgage lender, Molo, has introduced a new pricing structure for its non-UK resident buy-to-let (BTL) range, offering landlords greater flexibility and affordability. The new structure includes both ‘Low-Fee’ and ‘Low-Rate’ options, available to individual and limited company borrowers.
Key product details
The pricing structure applies to non-resident BTL products up to 85% LTV and offers the same APRC across Low-Fee and Low-Rate options. Landlords can now choose a product that aligns with their financial strategy, whether prioritising lower upfront costs or reduced monthly repayments.
Low-Fee:
1-year fixed: 7.09%
2-year fixed: 6.99%
5-year fixed: 7.09%
2-year tracker: 7.05%
5-year tracker: 6.99%
Low-Rate:
1-year fixed: 5.84%
2-year fixed: 6.36%
5-year fixed: 6.84%
2-year tracker: 6.41%
5-year tracker: 6.74%
These products are available to residents from over 140 countries, including China, Malaysia, Singapore, Vietnam, the European Union, and the United States.
Broader product offering
Molo’s non-resident BTL range includes standard buy-to-let, new builds, holiday lets, HMOs and MUFBs. Rates for UK residents remain unchanged, starting from 2.68%, while Expat BTL rates start from 4.75%. Full details can be found in Molo’s UK Resident, Non-UK Resident and Expat product guides.
Martin Sims, distribution director at Molo (pictured), comments: “We’re committed to supporting landlords with flexible, competitive solutions. By offering both Low-Fee and Low-Rate options across our non-UK resident BTL range, brokers can now offer greater value to their clients, especially in a climate where affordability and choice are more important than ever.”
