You can apply for a mortgage with Molo as many times as you want. However, the volume of applications will have no effect on our assessment of each application individually.
Currently, you are able to have up to three mortgages with Molo with a total borrowed amount of no more than £3million. Molo will be able to lend to you as long as you don't already have 4 or more mortgaged buy-to-let properties.
Each application should not affect your credit rating unless you go through the full process multiple times. You will be notified and asked to confirm acceptance before the full credit check is run.
Too many hard credit checks can have an adverse effect on your credit rating which may hurt your chances of getting a mortgage later with ourselves or another lender.
If you feel you are being wrongly rejected towards the beginning of the application process, please make sure you are submitting correct and up-to-date information. Alternately, please feel free to get in touch with a member of the Molo team so that we can help you through the process as easily as possible.