The new process is designed to let landlords and their mortgage advisers get a lending decision in under 24 hours, which the lender says is due to its automated decision technology.
The platform uses automated property and rental valuations to speed up the time to offer.
Molo launched in 2018 as an online-only lender and has a number of intermediary partners.
Francesca Carlesi, CEO and Co-Founder at Molo says:
“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.”
