Compare Mortgage Rates from Molo Finance Against the Market

About Molo Finance

Molo's mission is to "modernise the mortgage market." They aim to replace the weeks of waiting typical of high-street banks with a process that takes days (or even minutes for an initial decision).

Their system uses real-time data validation to assess affordability and creditworthiness instantly. While they are a digital-first lender, they still have human underwriters to handle complex cases that the automated system flags, ensuring they can lend to non-standard borrowers like expats.

Mortgage & Finance Products

Molo’s lending is focused exclusively on the Buy-to-Let (BTL) market in England and Wales.

• Buy-to-Let Mortgages:

  • Portfolio Landlords: For professional investors with multiple properties.

  • Limited Companies (SPV): A core strength. They lend to Special Purpose Vehicles (limited companies set up to hold property).

  • HMOs & MUFBs:

    • HMOs: Finance for Houses in Multiple Occupation (up to 6 bedrooms usually, sometimes larger by referral).

    • MUFBs: Finance for Multi-Unit Freehold Blocks (blocks of flats on one title).

  • Holiday Lets: They offer products for short-term rental properties (like Airbnb).

  • New Build: They lend on new build flats and houses, often up to 75% LTV.

• International & Expat Lending:

  • Non-UK Residents: Molo is one of the few digital lenders that actively targets Non-UK Residents and Expats.

  • They allow foreign nationals (residents in approved countries like China, Hong Kong, Singapore, UAE, etc.) to buy UK investment property without needing a UK credit footprint.

• Key Tech Features:

  • Automated Valuations (AVM): For many remortgages or standard purchases, they use digital desktop valuations to speed up the offer process.

  • Rapid Offers: They aim to issue a formal mortgage offer within 24 hours of a full application submission for straightforward cases.

Pros and Cons of Molo Finance

Here is a balanced overview of choosing Molo for your investment finance.

Pros:

• Speed: This is their biggest selling point. If you need to secure an investment property quickly, their fully digital application and automated valuations can be significantly faster than a legacy bank.

• Paperless: The entire process is designed to be online, with minimal need for scanning, printing, and posting physical documents.

• Non-Resident Friendly: Their dedicated international proposition (often powered by partnerships with specialist administrators) makes them a top choice for overseas investors.

• Limited Company Friendly: They are built for the modern landlord who holds property in a corporate structure (SPV).

Cons:

• Buy-to-Let Only: If you are a home mover looking for a residential mortgage, Molo cannot help you.

• Strict Tech Criteria: Because their system is automated, if your application doesn't fit their data fields perfectly (e.g., very unusual property types or address formatting issues), the "computer" may reject it where a human might not.

• Intermediary-Only (Mostly): While they started as a direct-to-consumer brand, much of their best business (especially Expat/International) is now channelled through mortgage brokers.

• Rates: As a specialist lender offering speed and flexibility, their rates are competitive but generally higher than the "vanilla" buy-to-let rates from high-street giants like The Mortgage Works.

Customer Service and Reviews

Molo has an excellent reputation for customer experience, largely due to its efficient technology.

• Trustpilot: They currently hold an "Excellent" rating (typically 4.5+ out of 5). Reviews frequently praise the speed of the platform and the helpfulness of the "live chat" support team who can resolve technical glitches instantly.

• Broker Feedback: Mortgage brokers appreciate the "soft footprint" Decision in Principle (DIP) and the fact that the system gives an instant pass/fail indication without waiting days for an underwriter review.

How to Apply

1. Direct (Standard UK BTL): For straightforward UK-based Buy-to-Let applications, you may be able to start an application directly via the Molo website.

2. Through a Broker: For Expat, International, or Complex Company deals, it is highly recommended (and often required) to use a mortgage broker.

• Brokers have access to Molo’s intermediary portal and can navigate the specific document requirements for international applicants.

Get started here to book a free, no-obligation chat with a mortgage broker who specialises in Molo Finance’s product range, can compare it against the alternatives for you, and help you get the best deal.