Molo Finance is set to partner with the Mortgage Advice Bureau (MAB), expanding its intermediary distribution to offer digital mortgage services to a greater pool of customers.
Molo Finance underwrites mortgages online, using technology to speed up lending while providing a paperless process.
It will now be included in MAB’s mortgage options, giving brokers and their customers more choice when looking for the right mortgage.
Francesca Carlesi, chief executive and co-founder of Molo, said: “We are delighted to partner with Mortgage Advice Bureau, which is one of the leading mortgage intermediaries in the industry.
“Collaborating with such a prestigious brand and the group’s strong customer centric approach and willingness to embrace innovation, we felt that this was the perfect fit for Molo and supports our desire to lead the mortgage industry through technology and innovation.
“We look forward to working with Mortgage Advice Bureau and its advisers.”
Ben Thompson, deputy chief executive at the Mortgage Advice Bureau, added: “Both MAB and Molo share similar visions in terms of being an enabler of technology in the mortgage intermediary market and that’s why it made absolute sense to partner with them.
“Our advisers will now gain access to the Molo platform and products all within a fully digital space, which helps enhance the customer journey even further.”