PMS Mortgage Club, which is part of Sesame Bankhall Group, has announced the addition of specialist buy-to-let (BTL) lender Molo Finance to its panel.
The move will enable directly authorised advisers who are PMS members to access Molo’s range of BTL mortgages.
Molo is a fully digital mortgage provider and offers lending solutions ranging from £75,000 to £4m. The lender caters to both experienced and first-time buyers as well as landlords involved in various property types, including HMO, MUFB, portfolio landlords, student lets, corporate lets and holiday lets.
Through PMS, advisers have access to a panel of over 100 lenders covering all areas of mortgage financing including buy-to-let, residential, remortgage and specialist lending.
Group partnerships and propositions director at Sesame Bankhall Group, Stephanie Charman, said: “As a leading digital lender offering mortgages that are fully underwritten online, Molo is well placed to deliver a smooth and efficient service to BTL customers by utilising technology to make real-time lending decisions.
“This has the potential to deliver an enhanced customer experience and create new lending opportunities for our PMS member firms – qualities we look for as we continue to enhance our market-leading offering for advisers and their customers.”
Head of intermediaries at Molo, Peter Charge added: “We are thrilled to join forces with PMS Mortgage Club and expand our reach to their network of directly authorised brokers. Our commitment to fully digital processes aligns seamlessly with PMS’ forward-thinking approach, and we look forward to providing an enhanced level of service to its brokers and their clients.”
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