Molo Strengthens South East Presence with New BDM Appointment: What Landlords Need to Know

Molo's Strategic Move: Why It Matters to South East Landlords

Specialist mortgage lender Molo has appointed Steven Griffiths as Business Development Manager (BDM) for the South East region, reinforcing its commitment to strengthening broker relationships and expanding its footprint in an area with a substantial private rental sector.

For landlords in London and the South East, where buy-to-let demand remains robust despite tightening lending criteria, this development could lead to more tailored mortgage options and better access to specialist lending.

Practical Implications for Landlords and Brokers

For Landlords:

• Potential for Broader Product Range: Molo is known for innovative mortgage products aimed at landlords. Enhanced regional support may result in expanded product availability or more competitive terms tailored to South East property markets.
• Improved Access to Specialist Lending: Strengthened broker relationships could mean quicker, more flexible mortgage solutions, especially for complex cases such as HMOs, multi-unit portfolios, or accidental landlords.

For Letting Agents and Property Managers:

• Closer Collaboration Opportunities: Agents can work alongside brokers engaging with Molo to advise landlords on financing options.
• Stay Informed on Product Updates: As Molo grows regionally, new lending criteria or products may influence landlord financing strategies.

For Brokers:

• Enhanced Local Support: Steven Griffiths' role focuses on strengthening broker relations, providing better tools, faster responses, and deeper market insight to assist landlord clients.
• Opportunity to Access Competitive Buy-to-Let Products: Brokers servicing the South East should proactively engage with Molo to access potentially advantageous products.

Considerations by Landlord Profile

• Single-Unit Landlords: Could benefit from more competitive rates or flexible criteria for refinancing or new purchases.
• HMO and Portfolio Landlords: May find specialist products better suited to complex income calculations or multi-property security requirements.
• Accidental Landlords: Enhanced broker support might ease access to buy-to-let mortgages for those new to the sector or with non-standard incomes.

Recommended Next Steps

1. Review Current Financing: Landlords should assess existing mortgage arrangements to consider if Molo's products offer better terms or flexibility.
2. Engage Your Broker or Letting Agent: Discuss potential new mortgage options arising from Molo's expanded support.
3. Monitor Molo’s Product Updates: Regularly check Mortgage Strategy, Molo announcements, or broker communications for lending criteria or product changes.
4. Schedule a Portfolio Review: For portfolio landlords, a review can identify if refinancing or acquisitions could benefit from specialist lending.

How Rentals & Sales Can Help

Our team offers comprehensive portfolio reviews and compliance audits, helping landlords understand financing options and optimise property strategies. We collaborate closely with brokers familiar with specialist lenders like Molo to source competitive mortgage products tailored to your profile.

Contact us to schedule a consultation and ensure your buy-to-let financing aligns with current market opportunities.

Compliance Disclaimer: This article is for informational purposes only and does not constitute financial advice. Landlords should consult qualified mortgage advisors or brokers before making lending decisions.