Molo launches expat mortgages – PropertyWire

Molo Finance has launched expat buy-to-let mortgages for British nationals residing abroad.

For UK residents fixed-rates start from 4.55% for 75% LTV for two years, or 5.44% for five years.

Non-UK residents have to pay a premium, as one year fixes are priced at 5.99% to 70% LTV, while there were two and five year fixes from 7.74%.

Matthew Kimber, chief executive officer of Molo, said: “Our commitment to innovation and meeting the diverse needs of our clients is at the core of our mission.

“Since the introduction of our non-resident buy-to-let range, we’ve received positive feedback from the broker community, reflecting a strong interest in expat lending.

“The launch of expat buy-to-let mortgages demonstrates our dedication to helping our customers”.

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