Molo launches exclusive BTL rates for GetGround customers

From today (12th August), Molo is offering an exclusive five-year fixed-rate BTL product to approved GetGround customers.

Customers can now access 65% LTV mortgages at 3.1%, rising to 3.15% at 75% LTV.

In July, GetGround and Molo announced a new partnership that executes all the essential administration underpinning BTL purchases in one comprehensive service.

As part of this, the two firms integrated their platforms, providing customers with a unique opportunity to complete their BTL purchases, and enable UK BTL investors and landlords to form a company, open a current account, and secure mortgage finance in three interconnected steps.

“We have some of the best rates available on the market, and I’m excited to bring them exclusively to GetGround’s community of customers,” said Francesca Carlesi, co-founder and CEO of Molo (pictured above, left).

“With a focus on competitive rates and a service based on speed, flexibility and precision, customers using Molo and GetGround can start getting excited about realising their BTL ambitions.”

Moubin Faizullah Khan, co-founder and CEO of GetGround (right), added: “It’s essential to us that our first mortgage rate deal is applicable to the widest possible range of landlords and investors.

“We’re looking forward to working with many of our customers to help them access the right finance as our lending partnerships continue to expand.

“Appetite from both Molo’s customers and our own to complete their BTL purchases in the most seamless way through our distinctive partnership is growing fast.

“It’s a simple solution to the convoluted administrative burdens landlords and investors would rather do without.”

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