In the most recent updates within the UK mortgage sector, Beneficial Network has officially announced the inclusion of Molo Finance in its list of accredited lenders. This addition will grant members access to Molo Finance’s diverse array of buy-to-let (BTL) products.
Renowned for its consistent monthly fee structure and appealing 100% proc fees and commissions, Beneficial Network allows advisers to retain their earnings. Additionally, the network provides a thorough 100% file checking process and a wide selection of over 90 residential and commercial mortgage lenders.
Mat Rees, the chief executive officer of Beneficial Network, has expressed his excitement regarding the new partnership, stating, “Molo Finance is a thrilling addition to our panel. Its innovative utilization of technology for online mortgage underwriting has the potential to ensure a prompt and seamless application process for our Appointed Representatives (ARs) when handling BTL cases. At Beneficial Network, we are continuously seeking ways to improve and enhance the services we offer to our ARs, and we are confident that our members will be impressed by Molo’s technology-driven approach to mortgages.”
Similarly, Matt Kimber, the chief executive officer of Molo Finance, has conveyed his pleasure about this collaboration, stating, “We are thrilled to be partnering with Beneficial Network. We are now able to offer our digital mortgage solutions to their independent advisors, simplifying the BTL client journey and collaborating with the network to introduce further innovation to the advisor community.”
These recent developments underscore Beneficial Network’s dedication to providing state-of-the-art mortgage solutions to its members. By incorporating Molo Finance into its list of accredited lenders, the network aims to provide its members with access to Molo Finance’s advanced range of BTL products and digital mortgage solutions.
As the mortgage industry increasingly adopts technology-driven solutions, the partnership between Beneficial Network and Molo Finance indicates a move towards a more efficient and innovative approach to mortgage applications. The merging of Beneficial Network’s established expertise in the mortgage market and Molo Finance’s technology-driven solutions is poised to bring about increased efficiency and convenience for members and independent advisors alike.
For individuals seeking to invest in buy-to-let properties or navigate the complexities of the commercial mortgage market, the addition of Molo Finance to the lender panel of Beneficial Network opens up new possibilities and avenues for securing financing seamlessly and effectively. As the mortgage industry continues to evolve, partnerships such as these serve as evidence of the industry’s ongoing commitment to delivering value and innovation to clients and advisors.