Foundation 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.
On Tuesday 10th February at 5:30pm, we’re withdrawing the majority of our buy to let products to be replaced the next day.
The following products will not be replaced:
- F1 Select Fixed Fee 5 year fixed rate product, 5.49% up to 75% LTV with a £4,995 fee
- All F2 2 year discount products up to 75% LTV with a 1.50% fee
- F2 Large Portfolios 5 year fixed rate product, 6.64% up to 70% LTV with a 1.25% fee, free valuation and no application fee
- F2 Remortgage No Additional Borrowing 2 year fixed rate product, 5.99% up to 75% LTV with a 1.50% fee
- F2 Remo‑Only 5 year fixed rate product, 6.54% up to 80% LTV with a £1,995 fee, free valuation, no application fee and £500 cashback
- HMO Select Fixed Fee 5 year fixed rate product, 5.59% up to 75% LTV with a £7,995 fee
- F1 Expat 2 year fixed rate product, 6.09% up to 75% LTV with a 1.50% fee
- F1 Expat 5 year fixed rate product, 5.89% up to 75% LTV with a 1.50% fee
- F1 2 year fixed rate product, 3.74% up to 65% LTV with a 3% fee
- F1 5 year fixed rate product, 4.69% up to 65% LTV with a 4% fee
- HMO 2 year fixed rate product, 4.24% up to 65% LTV with a 3% fee
- HMO 5 year fixed rate product, 5.14% up to 65% LTV with a 3% fee
- MUFB 2 year fixed rate product, 4.39% up to 65% LTV with a 3% fee
- MUFB 5 year fixed rate product, 5.24% up to 65% LTV with a 3% fee
- F1 2 year fixed rate product, 4.39% up to 65% LTV with a 3% fee
- F1 5 year fixed rate product, 5.09% up to 65% LTV with a 4% fee
Any DIPs on the current products must be submitted by 5.30pm on Tuesday 10th February. DIPs submitted before 5.30pm on Tuesday 10th February, will secure the products for two working days, up to 5.30pm on Thursday 12th February.
DIPs must be converted to a Full Mortgage Application (FMA) and submitted before 5.30pm on Thursday 12th February.
DIPs relating to the current products which have not been converted to an FMA and submitted by 5.30pm on Thursday 12th 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.
Please convert existing DIPs to a full mortgage application as soon as possible.