Molo, Zephyr and TMW increase prices

Img

Molo has adjusted our UK resident buy-to-let (BTL) range, increasing two-year fixed rates from tomorrow.

Standard BTL two- and five-year fixed rates will start from 3.21% and 4.99% respectively.

Specialist BTL two-year fixed rates will start from 3.31% while five-year fixes in the range will start from 5.09%.

The existing product range will be withdrawn at midnight tonight.

Meanwhile, Zephyr Homeloans will reduce rates on its large HMO and MUFB lifetime tracker products by 25 basis points, while repricing its fixed rate range in response to recent movements in swap rates.

The lender’s large HMO and MUFB lifetime tracker products, which are available on properties up to 12 bedrooms/units, will start from 5.74% and offer landlords greater flexibility with no early repayment charges.

Alongside the tracker rate reductions, fixed rates across the range will increase by 20bps following recent increases in swap rates.

Elsewhere, The Mortgage Works will make selected rate increases across new business and switcher product ranges, effective tomorrow.


More From Life Style