Molo launches '24-hour remortgage' for buy-to-let
Digital lending platform Molo Finance has made remortgages for buy-to-let properties a speedier prospect thanks to its new 'rapid remortgage' offering.
The new process is designed to let landlords and their mortgage advisers get a lending decision in under 24 hours, which the lender says is due to its automated decision technology.
The platform uses automated property and rental valuations to speed up the time to offer.
Molo launched in 2018 as an online-only lender and has a number of intermediary partners.
Francesca Carlesi, CEO and Co-Founder at Molo says:
“The customer experience is always at the forefront of everything we do. Molo’s automation engine streamlines the remortgaging process and offers approvals in just 24 hours, at
competitive rates to help landlords save time and money. It means they can achieve their
goals sooner, even in the current climate.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
This week's biggest stories:
Iress
Iress announces major upgrade to Xplan Mortgage platform
Mortgage Rates
Barclays relaunches sub-4% mortgage rate
Lloyds
Lloyds partners with Connells and LMS to launch fully digital homebuying journey
FCA
FCA sued over compensation scheme that 'significantly underestimates harm'
Mortgages
Mortgage affordability at tightest level since 2008: UK Finance
FCA
FCA announces changes to streamline senior managers regime
