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TODAY'S OTHER NEWS

New service offers incorporation and mortgage lending online

PropTech firms GetGround and Molo are partnering to offer landlords a one-stop-shop for dealing with the administrative details of buy to let purchasing.

GetGround is a digital service for company formation, management and current accounts in the buy to let sector. Meanwhile Molo is an online mortgage lender working directly with investors and landlords. 

The partnership means buy to let purchasers will be able to form a company, open a current account and secure mortgage finance in three steps on the same platform. 

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Moubin Faizullah Khan, chief executive of GetGround, explains: “This partnership creates one comprehensive service that never before existed. It’s an innovation that significantly reduces the cost, time and admin-induced headaches that these requirements all too often create for our customers when handled in isolation.”

And the chief executive of Molo, Francesca Carlesi, adds: “Customers can easily set up a limited company and realise their buy to let ambitions with a fast and easy-to-use service.”

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    Another mouth wanting to sup from a very shallow trough.

    We don't need to pay another middle man to do these things at our expense.

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