Tuesday, 4th July 2023: Demand for rental properties continues to rise across the UK, with more than four-million people renting privately. As landlords look to identify new opportunities in the rental market and provide high-quality homes, we are pleased to announce an expansion to our existing Houses of Multiple Occupation (HMO) Multi-Unit Freehold Blocks (MUFB) buy-to-let product. Now, investors can get a mortgage for properties with up to 12 lettable rooms/units.
Molo’s large HMO and MUFB buy-to-let mortgages are available for independent landlords, with competitive rates starting from 6.69% on a 2-year fixed rate, and 6.79% on a 5-year fixed rate (on all LTV options), across all sizes of HMO/MUFB.
For more details, visit our HMO mortgages and mufb mortgages page.
Francesca Carlesi, CEO and Co-Founder at Molo, on MUFB:
“Following on from the successful launch of Molo’s existing HMO and MUFB range, we received feedback from landlords who have an appetite for properties with 12 lettable bedrooms or units as they seek additional property investment options to diversify their portfolio.
Our new large HMO and MUFB product range provides investors with competitive alternatives to help maximise their rental income across several properties, allowing Molo to remain competitive within the buy-to-let market.”
For more details, read the full press release here.
Press contacts
Myyu Duong, Molo
press@molofinance.com
