Jim Selley

All things Saffron including Development Finance

We’re delighted to have recently improved our Commercial Buy to Let product range. We’ve reduced our rates making it easier for your landlord clients to purchase a new investment property, remortgage, or raise capital on their existing portfolio.

Harpenden’s Self Build products… They manage complex cases and income, offer bespoke solutions and provide flexible underwriting.

We’re pleased to let you know that from Wednesday 13 April, further advance products will be available for your Limited Company clients. 

As you may know, the Bank of England increased their rates last month and here at Molo, we continuously review our pricing structure to ensure customers get the best service and value. Therefore, we’re making changes across all of our Buy-to-let product range with our Individuals and Limited Company, 2-year and 5-year fixed rates starting from 3.10%.

With effect from 5.30pm on Monday 11 April 2022, we will be making changes to our products for all loans above £1m across our Residential Range with new products going live on Tuesday 12 April 2022.

As of today Allica will be launching Fixed Rate Mortgages. We’ve had a lot of requests for these from our broker panel, in particular with base rate continuing to rise, so I am pleased we’ve been able to deliver upon this for you at such a crucial time.

I am excited to tell you that as part of OSB Group, we’ve enhanced our bridging range in Precise Mortgages as well as re-introduced bridging finance into InterBay, to provide you and your clients with even more bridging solutions.

The good news? We’re telling you about it now so you still have time to send applications to us and secure our current rates.