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 Wednesday 10th January at 5:30pm we will be withdrawing our buy to let and residential Special products.
These will be replaced the next day with the exception of the F2 Special products, which will not be replaced.
Any DIPs on the current products will need to be submitted by 5.30pm on Wednesday 10th January which will secure the product for 3 working days until 5.30pm on Monday 15th January.
The DIP must be converted to a full FMA and submitted before 5.30pm on Monday 15th January.
DIPs relating to these current products which have not been converted to FMA and submitted by 5.30pm on Monday 15th January 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.
Reductions of up to 0.50% on BTL and OO Specials rates
As of today, Thursday 11th January, Foundation Home Loans have reduced the rates on both their Owner Occupied and BTL Specials ranges.
New Buy to Let Specials include:
- F1 5 Year Fixed Portfolio Landlord Only products reduced by 0.45% with rates now starting from 4.79% with a 6% fee
- F1 Fee Assisted 5 Year Fixed Portfolio Landlord Only products reduced by 0.50% with rates starting from 5.09% with a 5% fee
- F1 2 and 5 Year Fixed products reduced by up to 0.50% with a 3% fee, rates now starting from 5.19%
- F2 HMO 2 and 5 Year Fixed products reduced by up to 0.45% with a 3% fee, rates now starting from 5.34%
Check out the latest product guides today.
New Owner Occupied Specials include:
- F1 2 and 5 Year Fixed rates reduced by up to 0.40% with a £795 fee, rates starting from 6.44%
- F2 2 and 5 Year Fixed rates reduced by up to 0.40% with a £795 fee, rates starting from 6.54%
Check out the latest product guides today.