Molo Finance is expanding its buy-to-let product suite by launching multi-unit freehold blocks (MUFB), designed to cater for properties with up to six units.

The move follows the recent launch of the lender’s Rapid Remortgage proposition and is in addition to its existing buy-to-let product range that includes holiday let, new builds, HMO, and portfolio landlords.

Molo’s MUFB buy-to-let mortgages are available for independent landlords, with rates of 5.19% fixed for five-years with a 3.5% fee on both 65% and 75% LTV options. Standard valuations and stress-testing apply.

All MUFB mortgages are eligible for Savings Booster, a linked overpayments account designed to help landlords reduce their monthly payments and minimise mortgage costs.

Commenting on the launch, Molo chief executive and co-founder Francesca Carlesi says: “Landlords continue to look for property investment options, including ways to save money and diversify their portfolio. Introducing MUFB to our product range allows investors to maximise their rental income across several properties.”