The launch of the new products comes after the lender’s introduction of non-resident buy-to-let mortgages in October 2023. The new product range now provides financing for individuals working and residing in key global markets such as Hong Kong, Singapore, the UAE, the European Union, and several other countries.

Big News Alert! 📣📣

We are excited to introduce our new Non-resident #buytolet mortgage range. No UK bank account needed.

Welcome to a new era of property investment! 🏘️🌏

Press Release details here: https://t.co/szZQmqe9qU #fintechnews #mortgagenews #internationalbuytolet pic.twitter.com/BceDOVQRvF

— Molo (@molofinance) October 25, 2023

Alongside the expat buy-to-let mortgage launch, Molo has revised rates for both its UK resident and non-UK resident products.

For UK residents, two-year fixed rates for individuals and limited companies now start from 4.55% at 75% LTV, with five-year fixed rates beginning at 5.44% for the same LTV.

For non-UK residents, standard one-year fixed rates begin at 5.99% for 70% LTV, with two- and five-year fixed rates starting from 7.74% for the same LTV.

“Our commitment to innovation and meeting the diverse needs of our clients is at the core of our mission,” said Matthew Kimber (pictured), chief executive at Molo Finance. “Since the introduction of our non-resident buy-to-let range, we’ve received positive feedback from the broker community, reflecting a strong interest in expat lending. The launch of expat buy-to-let mortgages demonstrates our dedication to helping our customers.”