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.
BUY TO LET PRODUCT WITHDRAWAL NOTICE
On Thursday 22nd October at 5:30pm, we’ll be withdrawing some of our buy to let products to be replaced the next day.
These products include:
- F1 Limited Edition remortgage only, 2-year fixed product with a 4% fee, no application fee, one free standard valuation and £250 cashback
- F2 MPOT 5-year fixed products at 65% and 75% LTV with a 2.50% fee
- 2-year 80% LTV products for F1, HMO and MUFB
The following product is being withdrawn and not replaced:
- F1 5-year fixed Green product, 5.69% at 75% LTV with a 5% fee, no application fee and one free standard valuation
Any DIPs on the current products must be submitted by 5.30pm on Thursday 22nd October. DIPs submitted before 5.30pm on Thursday 22nd October, will secure the product for two working days up to 5.30pm on Monday 26th October.
DIPs must be converted to a Full Mortgage Application (FMA) and submitted before 5.30pm on Monday 26th October.
DIPs relating to the current products which have not been converted to an FMA and submitted by 5.30pm on Monday 26th October 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.