Foundation Home Loans has updated its range across the direct to lender and packaged range. Brilliant Solutions offers fees free packaging across the range as well as direct to lender access with payment on completion.
Product withdrawal notice
At 5:30pm on Wednesday 26th July 2023 we will be withdrawing our Core range buy to let and owner occupied products, which will then be replaced on Thursday morning.
Any DIPs on the current products must be submitted by 5:30pm on Wednesday 26th July 2023 and converted to a full FMA and submitted before 5.30pm on Monday 31st July 2023.
DIPs relating to these current products which have not been converted to FMA and submitted by 5.30pm on Monday 31st July 2023 will no longer be valid.
All Application fees and Valuation fees must be paid within 3 working days of the submission of a Full Mortgage Application. FMAs which do not have their Application fee or Valuation fee paid by 5.30pm on the 3rd working day after submission, will no longer be valid.
Please convert existing DIPs to a full mortgage application as soon as possible.
FOUNDATION HOME LOANS – RATE REDUCTIONS OF UP TO 0.60% ACROSS BTL AND UP TO 0.85% ACROSS RESIDENTIAL
As of today, Thursday 27th July, Foundation Home Loans have refreshed their BTL and owner occupied core ranges.
Refreshed buy to let rates include:
- Fixed rates reduced by up to 0.60%, now starting from 6.84%
- F1 Green Expat 5 year Fixed with a 1.25% fee, free valuation and no application fee now at 6.94%
- New Large HMOs and Short Term Lets 2 Year Fixed products with 1% fee at 75% LTV starting at 7.84%
Refreshed owner occupied rates include:
- Fixed rates reduced by up to 0.85%, now starting from 6.94%
- F1 Professionals fee reduced by £500 now at £995 with rates starting at 6.94%
- Fee reduced by £200 on F1 Green products now at £795 with rates starting from 7.04%
- 85% LTV tier extended to include F1 Green and F1 Professionals product
Product withdrawal notice
At 5:30pm on Monday 31st July 2023 we will be withdrawing our Special Edition Buy to Let and Owner-Occupied products, which will then be replaced on Tuesday morning, 1st August.
Any DIPs on the current products must be submitted by 5:30pm on Monday 31st July 2023 and converted to a full FMA and submitted before 5.30pm on Thursday 3rd August 2023.
DIPs relating to these current products which have not been converted to FMA and submitted by 5.30pm on Thursday 3rd August 2023 will no longer be valid.
All Application fees and Valuation fees must be paid within 3 working days of the submission of a Full Mortgage Application. FMAs which do not have their Application fee or Valuation fee paid by 5.30pm on the 3rd working day after submission, will no longer be valid.
Please convert existing DIPs to a full mortgage application as soon as possible.