At Molo, we continue to monitor the evolving market landscape and are writing to let you know about revisions to our product range. This includes updates to prices in line with market developments, some of which will come into effect shortly in relation to our mortgage rates.
Key Highlights:
New rates effective from Saturday 8th July
- Increases across all fixed-rate products
- Individuals and limited company standard 2-year fixed-rates from 7.19%, and 7.29% on 5-year fixed-rates
- Individuals and limited company specialist (including Large HMO & MUFB) 2-year fixed-rates from 7.39%, and 7.49% on 5-year fixed-rates
- Existing product range will be withdrawn midnight Friday 7th July 2023. Applications need to be submitted in full before the close of business at 5 pm.
Our full range will be available to view in our product guide from 8th July 2023.
Our commitment to customer service
We fully acknowledge that rate increases within a brief time span makes it difficult and challenging for borrowers. Regrettably, the unpredictable market trends have led us to make these tough decisions. Our intention remains to offer a competitive product line up, even amidst the volatility of the current landscape.
If you have any questions, please don’t hesitate to get in touch with us by email at brokersupport@molofinance.com