Molo Finance

Proc fees - when your proc fee will be paid

Lenders send payments by BACS which can take anything up to 5 working days to clear at PMS. PMS then make payment to brokers once the funds have cleared in our account.  

Overview

Key USPs:

UK residents:

• UK and non-UK nationals accepted
• First-time buyer and first-time landlord friendly
• No minimum visa restrictions for foreign nationals living in the UK
• No minimum income
• Minimum property value: £75K
• Four applicants
• Up to 80% loan-to-value (LTV) on standard properties
• Special purpose vehicle (SPV) & individual applications supported
• House in multiple occupation (HMO) and multi-unit freehold block (MUFB) up to 12 rooms/units – - 1 product range – no rate loadings – 75% LTV
• New build up to 75% - builders incentives accepted up to 5%
• Holiday lets including Airbnb – 80% LTV
• Investor led blocks accepted
• No maximum number of floors in a block
• Portfolio landlords: no restrictions on number of properties
• Ex local authority with deck access – 75%

Non-UK residents and expats:

• First-time buyer and first-time landlord friendly
• No minimum visa restrictions for foreign nationals living in the UK
• No UK footprint required
• No requirement for a UK bank account
• Borrowers can live in a wide range of acceptable countries
• Up to 85% LTV – repayment & 75% LTV interest only

Business Development Managers

Andrea Gizzy – Covers Central London & Home Countries
Email: [email protected]
Mobile: 07562 949083

John Smith – Covers South London, South-East & the South
Email: [email protected]
Mobile: 07562 949086

Lee Isherwood – Covers the North
Email: [email protected]
Mobile: 07479 565442

Craig Grinsell & Richard Cunningham – Covers Midlands, Wales & South West
Email: [email protected]
Telephone Number: 03330 068288

Agnes Zhang - Covers International Cases
Email: [email protected]
Mobile: 07562 949084