BTL mortgage lenders roll out new rates for landlords

Buy to let mortgage providers Molo and ModaMortgages have unveiled new pricing structures and products aimed at boosting affordability for UK and expat landlords.

Also, Nationwide has unveiled a new product for first-time buyers offering 95% LTV on new builds.

Molo, a lender catering to UK and overseas property investors, has reduced fixed rates across its buy to let ranges.

UK resident landlords can now access five-year fixed rates starting at 4.44%, while two-year fixed rates remain at 2.83%.

For houses in multiple occupation (HMO) and multi-unit freehold blocks (MUFB), two- and five-year fixed rates begin at 3.03%, catering to those investing in complex properties.

Expat BTL rates

For expatriate landlords, Molo has introduced regional pricing with Region 1, covering more than 70 countries including China, the Philippines and Eastern Europe.

It offers two- and five-year fixed rates at 6.39%, with one-year rates unchanged at 5.24%.

Region 2, includes the United States, European Union and Singapore, and provides low-fee and low-rate options starting at 4.75%, depending on loan-to-value (LTV) bands.

These products are available to both individual and limited company landlords, with lending up to 85% LTV for standard BTL, new builds, holiday lets, HMOs and MUFBs.

Martin Sims, Molo’s distribution director, said: “These updates reinforce our ongoing commitment to supporting landlords worldwide with competitive, accessible solutions.

“From standard buy to let to complex specialist cases, we are helping brokers and customers find the right fit, no matter where they are based.”

ModaMortgages BTL range

ModaMortgages has launched a limited edition 75% LTV buy to let range, featuring eight products for single dwellings and small HMOs or MUFBs with up to six bedrooms or units.

Single dwelling two-year fixed rates start at 3.24%, and five-year rates at 4.69%, with product fees of 3% or 5.5%.

For HMOs and MUFBs, two-year fixed rates begin at 3.34%, and five-year rates at 4.79%, with the same fee options.

The lender offers free valuations and waives application fees, making the range attractive for cost-conscious investors.

Darrell Walker, ModaMortgages’ group sales director, said: “Our new limited edition 75% LTV range offers rates up to 25bps cheaper than our core products, as well as free valuations and no application fees, and could be ideal for investors looking for help with affordability.”

Nationwide’s Helping Hand scheme

Meanwhile, Nationwide is boosting support for first-time buyers by increasing the maximum LTV for new build house purchases to 95%.

The lender’s Helping Hand scheme, which allows borrowing up to six times income at 95% LTV, will also apply to these purchases.

This enables first-time buyers to borrow a third more than Nationwide’s standard 4.5 times income lending.

Since its launch in 2021, Helping Hand has helped more than 57,000 customers, with 26,000 using the scheme between April 2024 and March 2025.

Nationwide says it remains the leading lender for first-time buyers in the UK.

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