When you get a mortgage, you’ll be charged a rate of interest on the loan. This can be fixed for a period of time or change over time, depending on the type of mortgage you choose. Each lender will offer their own rates on their deals, but all rates are influenced by the Bank of […]
How long does the interest rate stay the same? Read More »
The private rental sector continues to grow from strength to strength, and there are now 4.5 million households renting in England. Of those rented homes, around 500,000 are classified as houses of multiple occupation (HMO). It seems like the appetite is growing for this sector in the rental market. But is an HMO the right
Buy-to-let mortgage eligibility Before purchasing a buy-to-let with a mortgage, you’ll need to meet the lender’s eligibility requirements. With that in mind, you may be wondering about their criteria and how it all works. Here, we look at buy-to-let mortgage eligibility to give you a better idea of what to expect when applying. Different types
What you need to know about buy-to-let eligibility Read More »
Leaving your fixed-rate early Fixed-rate mortgages give you security. You’re locked into a price for a set amount of time and know exactly how much you need to pay each month. But what happens if you consider leaving your fixed-rate early and decide to remortgage? Can you remortgage before the end of a fixed term,
Can you remortgage early on a fixed rate? Read More »
Everything you need to know about EWS1 Form After the Grenfell tragedy in 2017, legislation was put in place to ensure such sad and horrific events wouldn’t happen again. One of the actions taken was creating the EWS1 form, which reports if a building meets the required fire safety standards. But what does it
Everything you need to know about EWS1 Form Read More »
Property landlords can now take a mortgage loan with Molo for houses in multiple occupation .
Molo adds HMO Mortgages to product range Read More »
The new funding will be used to accelerate the company’s growth through additional online lending and investment in its proprietary technology and new product propositions, taking Molo a step closer to achieving its vision of making home ownership easier for everyone.
Molo raises £266m in new funding to expand digital mortgage lending Read More »
The initial rate, also known as “initial term cost”, allows lenders to set a specific interest charge over an agreed period of time on your mortgage. That initial term cost is regulated by the Financial Conduct Authority (FCA), and the average rate is set depending on the length of the fixed term, eg: 2, 5
Mortgages explained: what’s the Initial Rate? Read More »
Buy-to-let mortgages have had their fair share of news coverage since the three percent stamp duty increase and cessation of tax relief in 2016. But for many, the opportunity to earn a monthly rental income and see the property’s value increase over time is tempting. Whether you’re a buy-to-let veteran or investing for the first
Understanding mortgages: buy-to-let vs consumer BTL Read More »
Molo Tech Ltd is registered in England and Wales no. 10510180. Registered office: 84 Eccleston Square, London SW1V 1PX. Molo Tech Ltd is a wholly owned subsidiary company of ColCap Financial UK Ltd that is registered in England and Wales no. 14127877.
Molo Tech Ltd is authorised and regulated by the Financial Conduct Authority under Firm Reference Number 951899.