Foundation Update

On Monday 2nd February at 5:30pm, we’re withdrawing some of our buy to let products.

The following products will be replaced the next day:

• F1 5 year fixed rate product, 4.69% up to 65% LTV and 4.79% up to 75% LTV with a 4% fee
• F1 Green EPC A–C 5 year fixed rate product, 5.39% up to 75% LTV with a 1.25% fee, free valuation and no application fee
• F2 Green EPC A–C 5 year fixed rate product, 5.49% at 75% LTV with a 1.25% fee, free valuation and no application fee
• HMO Green EPC A–C 5 year fixed rate product, 5.59% up to 75% LTV with a 1.25% fee and £500 cashback
• MUFB Green EPC A–C 5 year fixed rate product, 5.64% up to 75% LTV with a 1.25% fee and £500 cashback

The following products will not be replaced:

• F1 Limited Edition 5 year fixed rate product, up to 75% LTV with a 1.75% fee, free valuation and no application fee
• F1 Green EPC A–C 5 year fixed rate product, up to 80% LTV with a 1.25% fee, free valuation and no application fee
• F2 Green EPC A–C 5 year fixed rate products, up to 70% and up to 80% LTV with a 1.25% fee, free valuation and no application fee
• MUFB Green EPC A–C 5 year fixed rate product, up to 65% LTV with a 1.25% fee and £500 cashback

Any DIPs on the current products must be submitted by 5.30pm on Monday 2nd February. DIPs submitted before 5.30pm on Monday 2nd February, will secure the products for two working days, up to 5.30pm on Wednesday 4th February.

DIPs must be converted to a Full Mortgage Application (FMA) and submitted before 5.30pm on Wednesday 4th February.

DIPs relating to the current products which have not been converted to an FMA and submitted by 5.30pm on Wednesday 4th February will no longer be valid.

All application fees and valuation fees must be paid within three working days of submitting an FMA.

FMAs without their application fee or valuation fee paid by 5.30pm on the third working day after submission will no longer be valid.

SUBMIT A DIP

Please convert existing DIPs to a full mortgage application as soon as possible.