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.
FOUNDATION HOME LOANS – RATES REDUCED ON OWNER-OCCUPIED AND BUY TO LET SPECIAL EDITION PRODUCTS
As of today, Tuesday 1st August, Foundation Home Loans have refreshed their BTL and Owner-Occupied Special Edition products.
Refreshed Buy to Let Special:
- Reductions to F1 Special Portfolio landlord products by up to 0.35%, 5 year fixed rate now at 6.09% with a 4% fee
- F1 Fixed rate Specials reduced by 0.20%, now starting at 6.94% for 2 years and 6.79% for 5 years
- F2 2- and 5-year Fixed rate Specials reduced – now starting at 6.94% for 5 years
- F2 2- and 5- year HMO Fixed rates reduced – now starting at 7.04% for 5 year
Refreshed Owner-Occupied Specials:
- Rate reduced by up to 0.25% on F1 and F2 Fixed rate Specials over 2 and 5 years
- F1 Fixed rate Specials now starting from 6.84% fixed for 5 years
- F2 Fixed rate Specials now starting from 6.99% fixed for 5 years
FOUNDATION HOME LOANS LAUNCHES KEY WORKER MORTGAGE
Foundation Home Loans are pleased to announce that as of today, Thursday 3rd August, they have further enhanced their owner-occupied proposition with the launch of products with enhanced loan-to-income (LTI) limits for Key Workers.
Key Worker product details:
- Up to 5.5 x income
- 2- and 5-year fixed rates starting from 7.04%
- Max loans of £1m up to 75% and £750k up to 85% LTV
- F1 range ‘Near mainstream’ credit tier
- One free standard valuation
- No application fee
- Reduced £595 product fee