Demand for rental properties continues to rise across the UK, with more than four-million people renting privately.
As landlords look to identify new opportunities in the rental market and provide high-quality homes, the team at Molo are pleased “to announce an expansion to their existing Houses of Multiple Occupation (HMO) Multi-Unit Freehold Blocks (MUFB) buy-to-let product.”
Now, investors can get “a mortgage for properties with up to 12 lettable rooms/units.”
Molo’s large HMO and MUFB buy-to-let mortgages are “available for independent landlords, with competitive rates starting from 6.69% on a 2-year fixed rate, and 6.79% on a 5-year fixed rate (on all LTV options), across all sizes of HMO/MUFB.”
For more details, you may check out the firm’s HMO mortgages and mufb mortgages page.
Francesca Carlesi, CEO and Co-Founder at Molo, on MUFB:
“Following on from the successful launch of Molo’s existing HMO and MUFB range, we received feedback from landlords who have an appetite for properties with 12 lettable bedrooms or units as they seek additional property investment options to diversify their portfolio. Our new large HMO and MUFB product range provides investors with competitive alternatives to help maximise their rental income across several properties, allowing Molo to remain competitive within the buy-to-let market.”
As covered in April 2023, the team at Molo Finance says it is pleased to add Multi-Unit Freehold Blocks (MUFB) to their buy-to-let portfolio.
As “savvy” landlords, Molo understands investors “continuously look for ways to boost profits, save money and maximise their investment.”
That’s why they have “introduced MUFB to their existing buy-to-let product range that already includes Holiday Let, New Builds, HMO and Portfolio Landlords.”
Molo’s MUFB buy-to-let mortgages are “designed to cater for properties with up to 6 units.”
They are “available for independent landlords, with competitive rates across both two-year and five-years fixes on 65% and 75% LTV options.” All MUFB mortgages “are eligible for Savings Booster.”
For more details, you may check out the firm’s mufb mortgages section.
Francesca Carlesi, CEO and Co-Founder at Molo, on MUFB, said in April of this year:
“Landlords continue to look for property investment options, including ways to save money and diversify their portfolio. Introducing MUFB to our product range allows investors to maximise their rental income across several properties. This, along with our range of buy-to-let options and competitive rates, means landlords have even more choice when finding their next investment with Molo.”