GetGround and Molo are partnering to deal with all the administration underpinning buy-to-let purchases “in one fast and comprehensive service”.

GetGround is a self-styled digital one-stop-shop for company formation, management and current accounts in the UK buy-to-let market. Molo is a digital, direct to consumer, buy-to-let mortgage lender.

UK buy-to-let investors and landlords will be able to form a company, open a current account and secure mortgage finance in three steps, all within the same single process. Under the terms of the partnership, the companies will integrate their platforms.

Moubin Faizullah Khan, CEO at GetGround, said: “This partnership creates one comprehensive service that never before existed. It’s an innovation that significantly reduces the cost, time and admin-induced headaches that these requirements all too often create for our customers when handled in isolation.”

Francesca Carlesi, CEO at Molo, added: “Through this partnership, customers can easily set up a limited company and realise their buy-to-let ambitions with a fast and easy-to-use service.

“Whether it’s with GetGround or Molo, they’ll receive the same unique experience and the same combination of benefits.”