When getting a mortgage, you’re usually presented with three options regarding the interest rates: fixed-rate mortgage, variable and tracker. Over the last 10-or-so years, investors have mostly opted for fixed-rates due to historically low interest rates. Even with higher rates, fixing your buy-to-let mortgage could safeguard you from further rate hikes (alternatively, it could leave …
Molo celebrates with the WOW factor The saying goes, ‘it’s not about whether you win or lose. It’s how you play the game’. And while we couldn’t agree more, it does feel nice to get recognition every now and then, especially if it involves receiving an award. Last night, Molo was announced as the winner …
Can you purchase a buy-to-let as your first property Most people’s first homes are bought with a residential mortgage and the intention of living there. Yet there are some with aspirations of investing, meaning their first foray into the world of bricks and mortar involves purchasing a buy-to-let to rent out. But just how easy …
Can I get a buy-to-let mortgage as a first-time buyer? Read More »
A mortgage in principle (MIP) comes in handy for many reasons, from giving you an indication of how much you could borrow to showing sellers and estate agents that you’re serious about buying a home. And this guide, we’re detailing why you need an MIP to get a mortgage and, subsequently, buy a home. What …
Remortgaging has long been a requirement for homeowners after their initial fixed-rate period ends. And while new longer-term fixed-rate mortgages are coming to the market, it’s likely that you’ll still need to remortgage on your current deal at some point. After all, around a third of mortgages in the UK are remortgages. So, why would …
Before you can buy a new home, first, you’ll need to know what you can afford. While that might seem logical, the amount isn’t always clear for potential movers – especially if you’re a first-time buyer. How much deposit do you need? What impact does it have on the amount you can borrow for the …
Buying your dream home is… well, it’s the dream, isn’t it? But what happens when things don’t go to plan, and there’s a risk you could miss out on moving because of factors beyond your control, such as the chain breaking, struggling to sell your home or other unforeseen events? The answer might lie in …
Haunted houses you’d struggle to buy with a mortgage Halloween is an excuse to get dressed up in outlandish costumes and ask your neighbours for sweets while trick or treating. It’s also a time for ghost stories and frights galore. If you’re buying a house, however, the last thing you want is the heebie-jeebies because …
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Go Molo, it’s your birthday How time flies! After launching on 23rd October 2018, it’s time to celebrate Molo’s third birthday. And what a three years it’s been on the journey to change the mortgage market and make them accessible to everyone as the UK’s very first digital lender. We’re not usually ones to reminisce. …
In an ideal world, your home will increase in value over time. House prices in the UK tend to fare well, but that doesn’t mean you should take it as a given that your house will naturally increase in value. If you want to take actions into your own hands, there are changes you can …
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