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.
Specials product range withdrawal – 05 May 2023
As of the evening of the 5th May, Foundation Home Loans will with the specials product range. The 32 products to be withdrawn.
Any DIPs on the current products will need to be submitted by 5.30pm on Friday 5th May 2023, which will secure the product for 5 working days until 5.30pm on Monday 15th May 2023.
The DIP must be converted to a full FMA and submitted before 5.30pm on Monday 15th May 2023.
DIPs relating to these current products which have not been converted to FMA and submitted by 5.30pm on Monday 15th May 2023 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.
FOUNDATION HOME LOANS LAUNCHES NEW RATES AND FEES ACROSS BTL AND OWNER OCCUPIED SPECIAL RANGES.
As of today, Thursday 11 th May, Foundation Home Loans are launching their new 5 Year Fixed buy to let and owner occupied special products for purchase and remortgage.
New buy to let special rates include:
- F1 5 Year Fixed rates starting at 5.54% with reduced fee of 1.5% and one free standard valuation
- F2 5 Year Fixed rates starting at 5.64% with reduced fee of 1.75%
- F2 HMO 5 Year Fixed rates starting at 5.74% with reduced fee of 1.75%
New owner occupied special rates include:
- Reductions of up to 0.35% on F1 special rates, now starting at 5.74%
- Reductions on F2 special rates, now starting at 5.99%