Molo adds Expat BTL mortgages

Molo adds Expat buy-to-let mortgages

Friday, 23rd February 2024: We are excited to announce the launch of Expat buy-to-let mortgages tailored for British Nationals residing abroad.

  • Expat fixed-rate mortgages are available from 4.99% up to 70% loan-to-value (LTV) and 5.24% up to 80% LTV 
  • Available to British nationals residing in over 70 countries, including Hong Kong, Singapore, UAE, and across the European Union 
  • All Expat cases will be processed by AAA Financial Corporation

Matthew Kimber, Chief Operating Officer of Molo says:

Our commitment to innovation and meeting the diverse needs of our clients is at the core of our mission. Since the introduction of our non-resident buy-to-let range, we’ve received positive feedback from the broker community, reflecting a strong interest in expat lending. The launch of Expat buy-to-let mortgages demonstrates our dedication to helping our customers

For more details, read the full press release here.

About Molo Finance

Molo is an award-winning fintech that is transforming the mortgage industry as Europe’s only digitally native mortgage lender. Since it launched in 2018, Molo has used technology to deliver simpler and faster online mortgage lending.

Molo’s primary goal is to transform the broken mortgage market, moving away from cumbersome, inefficient, and slow processes, to fast, near real-time decisions. Since its launch, Molo has led change in the UK mortgage industry with over £1.7b mortgage applications submitted across our digital platform to date. Molo is backed by ColCap Financial Limited and has won several awards, including ‘Best Digital Mortgage Lender’ at the Fintech Awards and ‘Best Online Mortgage Lender’ at the Lending Awards.

In February 2023, ColCap Financial Limited, a leading Australian privately owned nonbank mortgage lender, acquired an 80% shareholding in Molo after the two companies entered a strategic partnership in 2022. This was a significant milestone in Molo’s history, strengthening Molo’s position in the market and opening up new possibilities for international growth and innovation.

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