TMA Club adds Molo Finance to lender panel

TMA Club has today (9 May) announced that Molo Finance will join its lender panel, providing ability to access Molo’s products.

TMA Club’s directly authorised brokers can now access Molo’s range of buy-to-let mortgages, including limited companies, HMOs, first-time landlords and portfolio buy-to-let landlords.

Molo launched in the UK in 2018 as the first fully digital, direct-to-consumer mortgage lender in the UK, leveraging a proprietary tech platform to deliver simpler and faster online, paperless, buy-to-let mortgages.

Highlights of the partnership for TMA brokers include:

- No minimum income required
- Accept UK & Non-UK nationals
- First-time buyer / First-time landlords considered
- Maximum of 6 units on MUFB
- Standard HMOs up to 75%
- Up to 20 mortgaged buy-to-lets for Portfolio Landlords
- Student Lets, Corporate Lets & Holiday Lets (Including Airbnb) accepted
- New-Build including investor led sites and contract reassignment

Lisa Martin, Development Director at TMA, commented:

“In an increasingly complex market, digitally led propositions, such as Molo Finance, can help brokers save significant time on mortgage application processes – time which could be better spent assisting clients.

“As such, we’re very pleased to be partnering with Molo Finance, and we’re confident that this partnership will add real value to our lender panel.”