PMS adds Molo Finance to lender panel

PMS advisers now have access to a panel of over 100 lenders covering buy-to-let, residential, remortgage and specialist lending.

Related topics:  Mortgages,  Buy-to-let
Rozi Jones | Editor, Financial Reporter
16th January 2024
ropes knotted together
"This has the potential to deliver an enhanced customer experience and create new lending opportunities for our PMS member firms"
- Stephanie Charman, partnerships and propositions director at Sesame Bankhall Group

PMS Mortgage Club has added specialist buy-to-let lender, Molo Finance, to its panel.

This move enables directly authorised advisers who are members of PMS Mortgage Club to access Molo Finance’s range of buy-to-let mortgages.

Molo Finance is a fully digital mortgage provider, offering lending solutions ranging from £75,000 to £4 million. 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.

Stephanie Charman, partnerships and propositions director at Sesame Bankhall Group, said: “As a leading digital lender offering mortgages that are fully underwritten online, Molo Finance is well placed to deliver a smooth and efficient service to buy-to-let 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.”

Molo Finance’s head of intermediaries, 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’s forward-thinking approach, and we look forward to providing an enhanced level of service to their brokers and their clients.”

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