Brilliant Solutions

Foundation Update

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. 

*NEW* Remortgage specials: rebuild your Spring pipeline

Foundation Home Loans is pleased to announce an exciting new remortgage range for both buy-to-let and owner-occupied mortgages, designed to support you in building a caseload of remortgage business that is unaffected by the stamp duty deadline.

  1. The Fee Assisted Buy-to-Let Re-mortgage Range

A range of 2- and 5-year fixed rate re-mortgage specials at 65% and 75% LTV, with reduced upfront costs to appeal to landlords or limited companies, and may particularly offer value to portfolio landlords looking to re-mortgage a number of properties.

  • Open to all individuals and limited companies, portfolio and non-portfolio landlords
  • All have remortgage incentives:
    • A flat product fee of £1,995
    • One free standard valuation per case
    • No application fee
    • £250 cashback on completion.  

Foundation offers a wide scope of criteria for landlords with complex credit or income.

  1. The HMO Early Re-Mortgage product

An ‘Early’ remortgage product up to 75% LTV for standard HMOs of up to 6 occupants; designed for landlords who have bought and improved a property and then wish to re-mortgage without waiting the typical 6 months, including those bridging or who have undertaken a recent conversion from single occupancy property to an HMO. 

  • Allows landlords to re-mortgage within 6 months of initial purchase
  • 5-year fixed rate with a product fee of 2%
  • Product is not available for Large HMOs or MUBs or early re-mortgaging where the original purchase was in cash.
  1. The Fee-Assisted Residential remortgage range up to 80% LTV

2-year and 5-year fixed rates with remortgage incentives designed to appeal to owner occupiers looking to re-mortgage their properties without onerous up-front costs.

Foundation’s flexible criteria around income and employment open up these competitively priced products to a wide range of borrowers whose circumstances preclude them from accessing high street lenders.

  • All have remortgage incentives:
    • A flat product fee of £595
    • One free standard valuation per case
    • No application fee
    • £250 cashback on completion.  

Buy to Let for Individuals Product Guide

Buy to Let for Limited Companies Product Guide

Residential Product Guide

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