Posted by Chris Ledger, February 10, 2020
Experian’s Open Banking tech is now live in the Molo journey, enabling customers to share their data and get an affordability assessment on their buy-to-let mortgage in seconds.
With our Decision in Principle taking just minutes and a speedy 24 hour turnaround on completed applications, partnering with Experian, the UK’s most trusted credit scoring agency, is yet another exciting step in making mortgages ever better for customers. Watch this space!
Recent articles
What is Conveyancing?
Conveyancing is the legal transfer of property from one owner to another. But when you break it down, there’s a whole lot more to unpack, and it’s easy to see why people get confused about conveyancing. That’s why we’ve created this guide, which details the conveyancing process just for you. What is conveyancing? If you …
Posted by Simon Banks
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Why are buy-to-let mortgages interest only?
Historically, getting a mortgage means borrowing a sum from the lender and paying the amount back over a certain period, usually 25 years. Each month, you pay off part of the amount borrowed plus the interest on the loan. But what happens when you only pay the interest and not the money borrowed? Sounds crazy, …
Posted by Simon Banks
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Who is Molo?
Even if you haven’t had a mortgage before, you’ll probably know the big name lenders: Lloyds, Nationwide, Barclays… These massive names are high street landmarks, and some of them have been around for hundreds of years. But Molo? We’re proud to be a new and different breed of mortgage lender, but we can’t rely on …
Posted by Myyu Duong
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