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.
RESIDENTIAL BY FOUNDATION – PRODUCT WITHDRAWAL NOTICE
On Tuesday 2nd July at 5:30pm we will be withdrawing the majority of our Residential products to be replaced the next day.
The products being withdrawn are:
- F1 2- and 5-Year Core Fixed products (no change to the Remortgage-only Fee Assisted Limited Editions)
- F1 Green product 6.34% at 85% LTV
- F1 and F2 JBSP products
- F1 5-Year Fixed Professionals products
- F1 2- and-5 Year Fixed Key Workers products
- F2, F3 and F4 2- and 5-Year Fixed products
Any DIPs on the current products will need to be submitted by 5.30pm on Tuesday 2nd July which will secure the product for 2 working days until 5.30pm on Thursday 4th July.
The DIP must be converted to a full FMA and submitted before 5.30pm on Thursday 4th July.
DIPs relating to these current products which have not been converted to FMA and submitted by 5.30pm on Thursday 4th July will no longer be valid.
All Application fees and Valuation fees must be paid within 3 working days of the submission of a Full Mortgage Application.
FMAs which do not have their Application fee or Valuation fee paid by 5.30pm on the 3rd working day after submission, will no longer be valid.
NEW and REDUCED Residential rates out today
As of today, Wednesday 3rd July, we have reduced rates across our Residential range and launched NEW 2-year fixed Professionals products.
Changes to the Residential range
- F1 2- and 5- Year Fixed products reduced by up to 0.20% with rates now starting from 6.04% with a £995 fee
- F1 2- and 5- Year Fixed Key Worker products reduced by up to 0.30% with rates starting from 6.09% with a £595 fee, one free standard valuation and no application fee
- F1 5 Year Fixed Professionals products reduced up to 0.25% with rates now starting from 6.14% with a £995 fee
- F1 and F2 Joint Borrower Sole Proprietor rates reduced up to 0.10% with rates now starting from 6.24% with a £795 fee
- F2, F3 and F4 2- and 5-Year Fixed rates reduced by up to 0.25% with rates now starting from 6.24% with a £995 fee
- F1 Green product at 85% LTV reduced by 0.10% now starting at 6.34% with a £595 fee and one free standard valuation
- New F1 2-Year Fixed Professionals products with rates at 6.44% up to 75% LTV and 6.74% up to 85% LTV both with a £995 fee