Molo Finance has launched Rapid Remortgage to provide an offer on a buy-to-let mortgage in 24 hours.
In addition to a speedier approval process, Molo’s customers also benefit from reduced mortgage rates, such as:
- Five-year fixed starting from 4.99% for Individuals, with a 3.25% product fee
- Five-year fixed starting from 4.99% for limited companies, with a 3.25% product fee
- Two-year fixed starting from 5.50% for limited companies, with a 1.75% product fee
- All products are applicable across 65% and 75% LTV
The digital lender says that utilising automated property and rental valuations, along with its automated decision-making system, will enhance all remortgage applications by speeding up the time to offer and eliminating manual processing.
An offer, if eligible, will be issued within 24 hours from applying, subject to receiving all the relevant information and qualifying for an automated property assessment.All offers give customers certainty on their remortgage well in advance of the end of their current fixed-term and avoid expensive standard variable rates.
Francesca Carlesi, CEO of Molo, said: “The customer experience is always at the forefront of everything we do. Molo’s automation engine streamlines the remortgaging process and offers approvals in just 24 hours, at competitive rates to help landlords save time and money. It means they can achieve their goals sooner, even in the current climate.”
