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. 

PRODUCT WITHDRAWAL NOTICE

On Monday 12th May at 5:30pm, we will be withdrawing the majority of our Buy to Let products, to be replaced the next day.

In addition, some of our Buy to Let and Residential products will be withdrawn and not replaced.

The products being withdrawn and not replaced are:

Buy to Let

 

  • F1 Limited Edition – 5 Year Fixed Remortgage Only product at 75% and 80% LTV with a £1,995 fee and £350 Cashback
  • F1 Limited Edition – 5 Year Fixed ERC3 product at 75% LTV with a 1% fee
  • F2 Multi Unit Freehold Block – 2 Year Fixed product at 65% LTV with a 2% fee
  • F2 Short Term Let Limited Edition – 5 Year Fixed product at 75% LTV with a £4,995 fee
  • F2 Short Term Let – 5 Year Fixed product at 65% LTV with a 2% fee
  • F2 Holiday Let Limited Edition – 5 Year Fixed product at 75% LTV with a £4,995 fee
  • F1 Expat Limited Edition – 2 Year Fixed product at 75% LTV with a 1.5% fee

 

Residential

 

  • F1 2 Year Discount Special at 75% LTV with a £995 fee and £350 cashback
  • F1 2 Year Discount Professionals Special at 75% LTV with a £995 fee and £350 cashback

 

Any DIPs on the current products will need to be submitted by 5.30pm on Monday 12th May which will secure the products for two working days until 5.30pm on Wednesday 14th May.

The DIP must be converted to a Full Mortgage Application (FMA) and submitted before 5.30pm on Wednesday 14th May.

DIPs relating to this current products which have not been converted to an FMA and submitted by 5.30pm on Wednesday 14th May will no longer be valid.

All Application fees and Valuation fees must be paid within three working days of the submission of an FMA. 

FMAs which do not have their Application fee or Valuation fee paid by 5.30pm on the third working day after submission will no longer be valid

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