Mortgage interest rates can be complicated. There’s a lot to take in from the initial rate to the SVR and from fixed rates to tracker rates. Setting aside the different options available for one moment, many buyers want to know the average mortgage interest rate. Understandably, knowing the average rates gives you an indication of …
The private rental sector continues to grow from strength to strength, and there are now 4.5 million households renting in England. Of those rented homes, around 500,000 are classified as houses of multiple occupation (HMO). It seems like the appetite is growing for this sector in the rental market. But is an HMO the right …
Releasing equity from the main property you live in could be an effective way to raise cash later in life. But while equity release may suit some people, it’s not advised for everyone and can be very expensive. Here, we’ve got everything you need to know about releasing equity from your home. What is equity? …
Once you’ve purchased a buy-to-let property, there’s just the small matter of managing it. From finding the right renters and ensuring the tenancy runs smoothly to paying your mortgage and then remortgaging, there’s plenty to take in – especially if you’re a first-time property investor. If there’s anything and everything you wanted to know about …
A look back at 2021 A new year is here, which means it’s time to look ahead to the next 12 months. But before we get excited about everything 2022 has in store, such as residential mortgages, we thought now is the perfect time to reflect on 2021. And remember, you don’t know where you’re …
As the UK’s first-ever digital lender, Molo leads the way for online mortgages and gives people a seamless and transparent way to buy a property. But what are the key differences when it comes to online mortgages versus traditional ones? Molo CEO Francesca Carlesi is on hand to answer questions and talk about the mortgage …
Molo has launched residential FlexLife mortgage, a product from our brand new residential range known as Molo Home. Meeting home-buying needs We’re launching this product at a time when a large number of home buyers are struggling to get onto the housing ladder, as cited in our report, Introducing Generation Rent. It found that 91% …
Molo launches it’s new residential FlexLife mortgage Read More »
Mortgages come in all shapes and sizes, and not every option is suitable for everyone. To make sure that borrowers get a suitable mortgage they can afford, lenders set a list of rules that need to be met. These are called eligibility criteria and can include basic elements like having a certain deposit amount as …
If you’re remortgaging to a new lender directly, you’ll find the experience slightly different depending on whether you remortgage with a traditional lender or an online lender like Molo. The key difference is that traditional lenders will usually ask you to fill out paperwork and to book an appointment to speak with them before they …
Molo and Molofinance are trading names of Molo Tech Ltd, registered in England and Wales no. 10510180. Registered office: 84 Eccleston Square, London SW1V 1PX.
Molo Tech Ltd is authorised and regulated by the Financial Conduct Authority. Financial Services Register Firm Reference Number 951899.
Molo is a subsidiary company of the ColCap Financial Group, and ColCap Financial UK Ltd that is registered in England and Wales no. 14127877