New contender Molo scores hat trick at Credit Strategy Lending Awards

Posted by Chris Ledger, November 14, 2019

New contender Molo scores hat trick at Credit Strategy Lending Awards

Molo, the UK’s first fully-digital mortgage lender, wins big at Credit Strategy Lending awards

Taking home more awards than any other winner – ‘Best Online Mortgage Lender’, ‘Best Brand – Mortgages’ and ‘Gamechanger – Creditor’.

Molo, who’ve just celebrated their first birthday, are already making huge waves in the mortgage lending space.

Launched to market in late 2018 with the specific aim of making mortgages faster, simpler and fairer for the customer via a smart, seamless digital journey, the UK fintech brand are thrilled to have received three accolades in the awards which were judged by a panel of respected and experienced industry peers.

Speaking at the awards, held in London on 12th November 2019, Francesca Carlesi, CEO and co-founder of Molo, said:

“I’m delighted and extremely proud that Molo has received these awards after only one year of trading. It’s a testament to the work of the entire team who’ve succeeded in building a proprietary platform which is revolutionising the entire mortgage lending journey. We’ve grown at pace, to deliver a quick, hassle-free and transparent process to our customers. Best of all – we’re just getting started.”

Since launching last year, Molo has already established a strong profile in the buy-to-let market with its digital mortgage journey receiving positive customer acclaim. With a residential offering on the horizon for 2020 and technology in place to offer start-finish mortgages within just 24hrs, this is the beginning of even greater things to come for customers, lenders and the industry as a whole.

Awards include:

  • Best Online Mortgage Lender (Molo, Bank of Ireland, Atom Bank)
  • Best Brand – Mortgages (Molo, Jon Charcol, Paradigm Mortgage Services, TMA)
  • Gamechanger – Creditor (Molo, Nationwide Property Risk Hub, Cambridge BS)

About Molo

Molo launched to market in November 2018 as the UK’s first fully digital mortgage lender, leveraging a proprietary tech platform to deliver a fully online, paperless, decisioning. Their initial product offering of buy-to-let mortgages for individuals has since grown to include multiple limited company products with residential mortgages expected to launch in 2020. In the company’s first half alone they surpassed more than £250 million in applications demonstrating a clear market demand for a faster, simpler, more transparent mortgage product.

Recent articles

Blog

Stamp duty for landlords: everything you need to know

Buyers of property have paid stamp duty for generations, and it’s the oldest form of tax still collected by the Inland Revenue. From its inception in 1694, right up until the present day, the majority of people in the UK need to pay stamp duty when they buy a new home, including buy-to-let landlords. Stamp …

Stamp duty for landlords: everything you need to know Read More »

Posted by Basak Erten

March 4, 2021

Blog

Molo Finance Partners with Legal and General Mortgage Club

Molo Finance partners with Legal & General Mortgage Club, bringing its unique digitally-led proposition to the distributor’s members. Molo Finance is a fully-digital lender, underwriting all mortgages online and using technology to make quick and real-time lending decisions. The lender’s criteria will also now be included in Legal & General Mortgage Club’s SmartrCriteria tool, allowing …

Molo Finance Partners with Legal and General Mortgage Club Read More »

Posted by Basak Erten

March 1, 2021

Blog

Kalifa Review: A note from our CEO

HM Treasury has commissioned a Fintech Strategic Review led by Ron Kalifa, which goes to launch today. Ahead of the launch for the review, our CEO, Francesca Carlesi has commented on the various strategic initiatives planned, with a positive view on the opportunities that the fintech industry has afforded customers. Francesca Carlesi, Founder and CEO, …

Kalifa Review: A note from our CEO Read More »

Posted by Basak Erten

February 26, 2021