Explore our benefits for portfolio landlords
Competitive deals for individuals and limited companies
Competitive products
Benefit from our regular BTL deals as we don’t charge more for portfolio mortgages
Faster processing
Get your mortgage offer faster with automatic valuations
Flexible criteria
Mortgages up to 80% LTV if your portfolio has up to 50 mortgaged buy-to-lets
Your portfolio
We need some information about your properties to underwrite your mortgage, you can fill out this form below and submit it once you’ve finished your application process.
Am I eligible?
Eligibility for Molo mortgages depends on meeting certain criteria. For Portfolio landlords these are
Properties in my portfolio
There’s no limit to the number of unencumbered properties in your portfolio
Maximum mortgages
Available to individuals or limited companies with a maximum of 50 mortgaged buy-to-let mortgaged properties
Number of BTL mortgages
You are classed as a portfolio landlord if you have 4 or more mortgaged buy-to-lets
Portfolio stress test
Background portfolio interest cover requirement is 100%, stressed at 5.5%. The portfolio with Molo should exceed 125% at the pay rate
How do I get a portfolio landlord mortgage?
See how much you can borrow in just a few minutes and start your application
Portfolio landlord deals
Get a Mortgage in Principle
Start your application
Ready to get started?
What will I need?
Check your eligibility
Before beginning, make sure you meet the criteria above to improve your chances of being offered a mortgage with Molo.
Gather your facts
Molo has one of the most straight-forward mortgage applications out there, but we still need a fair amount of details to get going.
Depending on your application type, you'll need to know things like:
- Personal details
- Incomes
- Credit commitments
- Details about the property
- Potential rental income
ID & Documents
We'll need to see proof of ID, as well as evidence of your incomes and financial status.
We ask for the following documents if applicable:
- Proof of income
- Source of deposit
- Residential status
- Other mortgages
- The property's EPC
- Any additional borrowing
- Proof of rental income
- Details of your portfolio
How will my mortgage application be assessed?
Once you’ve submitted your application, we’ll assess your portfolio buy-to-let mortgage application by checking your finances, credit score and other factors. Let’s take a look at the process.
Financial assessment
We’ll assess your personal financial health. While there is no minimum income, we’ll need evidence of your ability to pay the monthly mortgage payments.
Credit check
A credit check allows us to gain insights into your financial stability. This process helps us understand your creditworthiness and commitment to fulfilling financial obligations.
Number of properties
You need to have a minimum of 4 and maximum of 50 mortgaged buy-to-let properties in order to get a portfolio buy-to-let mortgage with Molo.
Rental income assessment
Your rental income should exceed your mortgage payments by 5.5%. For instance, if your mortgage is £1,000, the minimum rental amount should be £1,055.
Portfolio form
All applicants are required to fill a portfolio form to ensure you meet Molo’s rental income assessment criteria.
Save even more with a Savings Booster account from Molo
With a linked Savings Booster overpayment account, the more you save, the lower the interest charges you pay on your mortgage. For example:
Mortgage balance
£120,000
-
Savings Booster
£30,000
=
Interest paid on
£90,000
Mortgage balance
£120,000
-
Savings Booster
£30,000
=
Interest paid on
£90,000
