Molo has launched a new low-price and low-interest pricing structure that provides its Non-UK resident purchase volume (BTL) range.
The new pricing structure offers the same APRC that can be used for individual and limited liability borrowers involving standard BTL, new construction, holiday Lets, HMOS and MUFB.
Low-cost products include fixed low prices with one- and five-year fixed low prices of 7.09% and two-year fixed low prices of 6.99%.
Low interest rate products include a one-year fixed low rate of 5.84%, a two-year fixed low rate of 6.36%, and a five-year fixed low rate of 6.84%.
Residential homes from more than 140 countries including China, Malaysia, Singapore, Vietnam, the EU and the United States can be used for residential use.
Interest rates for UK residents remain unchanged, starting at 2.68%, while foreign BTL rates start at 4.75%.
“We are committed to supporting flexible, competitive solutions,” said Martin Sims, director of distribution at Molo.
“By offering low-income and low interest rate options in our Non-UK resident BTL range, brokers can now offer greater value to their clients, especially when affordability and choice are more important than ever.”
