The specialist lender has cut rates across its UK resident buy-to-let range, with standard products reduced by 10bps and specialist products reduced by 15bps.

Standard buy-to-let two-year fixed rates now start from 2.95% at 75% LTV, while five-year fixed rates start from 4.65%.

Across the specialist range, which includes portfolio landlord, investor-led and holiday let products, two-year fixed rates now start from 3.01% and five-year fixed rates from 4.69%.

The products are available to individual and limited company borrowers, with no additional pricing applied to larger properties with six or more rooms or units.

Molo has also launched a new semi-commercial two-year fixed rate product starting from 5.65% at 75% LTV.

In addition, semi-commercial five-year fixed rates have been reduced by up to 30bps to 6.25%, alongside reductions in product fees.

The lender says the changes reduce the overall cost of borrowing across its semi-commercial range by up to 50bps.

Rates for non-UK resident and expat borrowers remain unchanged, with pricing starting from 4.78% and 4.58% respectively.

Molo distribution director Martin Sims says: “We made these reductions as the market continues to shift and brokers demand that lenders keep pace.

“Swap rate movements and sustained competition require meaningful reductions.

“We are seeing continued strength in landlord demand, particularly from portfolio landlords looking to remortgage, restructure and capitalise on emerging opportunities.

“At the same time, semi-commercial is gaining momentum as investors look to diversify their income streams.

“By lowering rates and overall borrowing costs, we are focused on giving brokers more flexibility and helping them place business effectively in what remains a highly unpredictable market.”