With a new mortgage rate deal, GetGround and Molo are strengthening their recently announced partnership.
Molo will begin offering five-year fixed-rate mortgages to approved GetGround customers today, with rates starting at 3.1%. Customers can get 65 percent LTV mortgages for 3.1%, rising to 3.15 percent for 75 percent LTV mortgages.
Add in Molo’s competitively low fees, and the mortgage rates offered in this deal are among the lowest in the market.
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“It is critical to us that our first mortgage rate deal is applicable to the widest possible range of landlords and investors,” said Moubin Faizullah Khan, Co-Founder & CEO of GetGround. The ‘bread and butter’ of the UK BTL market is five-year fixed rates with a maximum LTV of 75%. As our lending partnerships expand, we look forward to working with many of our customers to help them access the right finance for them.”
“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 & CEO of Molo. Customers using Molo and GetGround can start getting excited about realizing their buy-to-let ambitions with a focus on competitive rates and a service based on speed, flexibility, and precision.”
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The announcement of this exclusive deal comes after the two digital companies announced in July that they would form a unique partnership that would allow landlords and investors to form a company, open a current account, and secure mortgage finance in three quick and interconnected steps, all within the same single online process.
