Digital mortgage lender Molo has cut rates on its fixed UK resident buy-to-let products by up to 33 basis points.

Molo’s rates now start at 4.72% for a two-year fix for both individuals and limited companies up to 75% LTV, with five-year fixes starting at 5.21% for the standard product range.

For the lender’s specialist products, rates start at 4.82% for a two-year fix and 5.31% for a five-year fix for HMOs, multi-unit freehold blocks, holiday lets and new build properties.

For all products at an LTV of 80%, a 0.10% rate premium is applied and the reductions do not apply to expat and non-UK resident products.

Molo completed a £300m BTL securitisation with Australian finance firm ColCap earlier this month and debuted a range of BTL products for British expats in February.

Molo chief commercial officer Mark Michaelides says: “Following our successful debut securitisation earlier this month, we are delighted to announce rate reductions across our UK resident BTL fixed-rate proposition, providing landlords with different fee options to suit their financing needs across a range of flexible products.”