Molo has reduced its non-UK resident fixed-rate range by 30bps.

Effective immediately, two-year fixed rates start at 7.44%, with five-year fixed rates from 7.24%.

Rates are open to both individuals and limited companies, including borrowers residing in over 100 countries.

Applications can be assessed using either projected rental income or the borrower’s personal income, helping more landlords qualify with confidence.

Lending is available for both purchase and remortgage, up to 85% loan-to-value (LTV) on properties in England and Wales.

The non-UK resident range also includes lending for specialist cases such as HMOs, MUFBs, and new builds.

Borrowers can use Molo’s Overpayment Reserve Account (ORA), which reduces interest charged on the loan.

Inspired Lending has announced a rate reduction across its product range, with new pricing now starting from 0.89% per month, down from the previous minimum of 0.99% per month.