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 Wednesday 5th June at 5:30pm we will be withdrawing most of our Residential products to be replaced the next day.
Among the products being withdrawn are:
- Limited Edition re-mortgage-only 2 Year Fixed rates
- All F1-F4 standard 2 year Fixed rate products and some 5-year rates
- JBSP 2 and 5 Year Fixed products
- Professionals 5 Year Fixed products and Key Workers 2 and 5 Year Fixed products
Please note, the following product will be withdrawn and not be replaced:
- F1 5 Year Green Fixed product to 75% LTV
Any DIPs on the current products will need to be submitted by 5.30pm on Wednesday 5th June which will secure the product for 2 working days until 5.30pm on Friday 7th June.
The DIP must be converted to a full FMA and submitted before 5.30pm on Friday 7th June.
DIPs relating to these current products which have not been converted to FMA and submitted by 5.30pm on Friday 7th June 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.
Please convert existing DIPs to a full mortgage application as soon as possible.
NEW Limited Edition 5 Year Fixed Product
We have today launched a new F1 5 year Limited Edition fixed rate product at 5.74% with a 1.75% fee to 75% LTV.