Molo ups maximum loan size

Jessica Nangle

September 24, 2019


Molo has increased the maximum loan size on their BTL offering from £250,000 to £500,000 for eligible customers.

The UK’s first fully digital mortgage lender offers a a maximum of 75% LTV for up to loans up to £300,000.

For loans between £300,000 and £500,000, Molo offers an LTV of up to 65%.

Francesca Carlesi, chief executive at Molo, said: “Our aim is to be accessible to all UK borrowers.

“This change is yet another step forward in bettering our consumer offering and opening up fast, simple, fair, fully-digital lending to those looking for a higher buy-to-let loan amount.”

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