MOLO – New lender launch with Connect

I am pleased to announce we have launched with Molo Finance to give our advisers access to their innovative  BTL products.

Fast and safe, Molos award-winning online platform is backed by bespoke technology partners to deliver mortgage loans. Offering Buy to Let and HMO products, intermediaries benefit from a
smart, transparent journey with real-time lending decisions.

 

Eligibility and Criteria Highlights

  • First Time Buyers accepted based on rental income (HMO need 12 months experience)
  • Maximum age 95 years at completion
  • Minimum Income £20k
  • Large loan size – up to £2 million
  • Up to 80% LTV
  • Standard HMOs up to 75%
  • Student Lets and Corporate Lets accepted
  • Affordability based on Rental Income only
  • Ex-local authority and deck access
  • Minimum property value £100k (£75k for North West / North East)
  • Minor adverse considered
  • Let to Buy available (subject to simultaneous transactions)
  • 125% ICR for Limited Company
Rates are competitive and you should have already seen them sourcing well on Twenty7tec.

Packaging Guidelines

ONeil Legal Fees

MOLO Key USPs

For more information visit the website or to discuss a case, speak with our BDM Kay:

Kay Richardson – Business Development Manager

e: kay.richardson@molofinance.com

w: https://molofinance.com

m: +44 7865246310

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