Molo expands BTL range with addition of MUFB

Digital mortgage lender, Molo Finance, has announced that it has enhanced its buy-to-let offering with the addition of Multi-Unit Freehold Blocks, designed to cater for properties with up to 6 units.

Related topics:  Finance,  Landlords,  BTL,  MUFB
Property | Reporter
19th April 2023
HMO flats 545

Molo’s MUFB buy-to-let mortgages are available for independent landlords, with competitive rates of 5.19% fixed for five-years with a 3.5% fee on both 65% and 75% LTV options.

Standard valuations and stress testing apply. All MUFB mortgages are eligible for Savings Booster, a linked overpayments account designed to help landlords reduce their monthly payments and minimise mortgage costs.

The announcement follows the recent launch of the lender’s Rapid Remortgage proposition and is in addition to its existing buy-to-let product range that includes Holiday Let, New Builds, HMO, and Portfolio Landlords.

Francesca Carlesi, CEO and Co-Founder at Molo said:

“Landlords continue to look for property investment options, including ways to save money and diversify their portfolio. Introducing MUFB to our product range allows investors to maximise their rental income across several properties.

"This, along with our range of buy-to-let options and competitive rates, means landlords have even more choice when finding their next investment with Molo.”

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