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.
Practical insights to support brokers with challenging cases
At Foundation Home Loans, we know no two landlords, or their portfolios, are the same. That’s why our products are designed to support complex cases with flexible, expert solutions.
Check out the following example of how our 5-year fixed Multiple Properties on One Title (MPOT) product can help support landlord growth.
The problem:
A landlord wanted to split a Victorian house into three separate flats on a single freehold title, with intent to let on a short-term basis.
They wanted to remortgage to release equity for another purchase but struggled to find a lender that would consider multiple units under one title without forcing a split.
The solution:
Our 5-Year fixed Multiple Properties on One Title (MPOT) product allowed the landlord to remortgage all three units under a single mortgage, removing the need for expensive and complex title separation.
Our MPOT products can help with cases like this, where there are up to 4 individual properties on one freehold title. This particular product also offers a 5-year fixed rate, protecting against potential interest rate increases while the client expanded their portfolio and allows seasonal income or AST.
Our acceptance of both individual and limited company ownership structures further added flexibility for future purchases.